Public sector lender State Bank of Hyderabad has announced a rise in its base rate by as much as 50 bps.

The rate post revision stands at 10% from 9.50% earlier.

The benchmark prime lending rate (BPLR) of the bank stands at 14.50% from 14.25% earlier.

The bank has also raised interest rates of term deposits by 50 bps across different maturities.