| Home | April 2012News | IDBI Bank loans become cheaper following 25 bps reduction in Base Rate Deposit rates reduced in select buckets |
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 IDBI Bank loans become cheaper following 25 bps reduction in Base Rate Deposit rates reduced in select buckets- IDBI Bank loans become cheaper following 25 bps reduction in Base Rate Deposit rates reduced in select buckets
- April 19, 2012
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IDBI Bank's loans, linked to Base Rate/BPLR, will become cheaper following a 25 bps reduction in Base Rate (to 10.50%) and BPLR (to 15.00%), with effect from April 20, 2012.
IDBI Bank's loans, linked to Base Rate/BPLR, will become cheaper following a 25 bps reduction in Base Rate (to 10.50%) and BPLR (to 15.00%), with effect from April 20, 2012. IDBI Bank has taken this pro-active step, keeping in view the recent policy measures announced by the RBI and the emerging market conditions expected to arise out of the transmission of these monetary measures. The Bank has also decided to reduce the Retail Term Deposit Rates by 10-50 bps in various buckets having maturity o...
- View more at: http://www.1888pressrelease.com/idbi-bank-loans-become-cheaper-following-25-bps-reduction-in-pr-390777.html
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