Public sector lender State Bank of Bikaner and Jaipur (SBBJ) has announced a rise in its lending rates by as much as 50 bps.

Followiung the revision, the base rate of the bank now stands at 10.50% while the benchmark prime lending rate (BPLR) figures at 15.25%.

The revised rates will come into effect from today, November 14, 2011.