IDBI reduces BPLR by 50 bps

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IDBI reduces BPLR by 50 bps

This article was posted on Mar 27, 2008 and is filed under Press Releases

Industrial Development Bank of India Ltd. (IDBI) has reviewed its Benchmark Prime Lending Rate (BPLR) and decided to reduce the BPLR by 50 basis points to 12.75% p.a. (from the existing 13.25% p.a.), with effect from April 1, 2008.

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