Public sector lender, IDBI Bank has raised its base rate as well as benchmark prime lending rate (BPLR). The revised rates would come into effect from May 05, 2011. The BPLR of the bank now stands at 14.5% following revision while the base rate stands at 10%. Also, fixed deposit rates of the bank would experience a raise in the range of 25-50 bps across different maturities. These revised rates would also be coming into effect from May 05, 2011.
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