Base rate raised by Karnataka Bank : Rupee Times

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NEWS & ADVICE : HOME LOANS

Base rate raised by Karnataka Bank

Aug 4, 2011

Private sector lender Karnataka Bank has announced a rise in its lending rates by upto 50 bps.

The revised rates have come into effect from yesterday, August 03, 2011.

The base rate of the bank has been raised by 50 bps taking it to 11% while the benchmark prime lending rate (BPLR) has seen a 25 bps to 15.75 bps.

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