Thursday, December 25, 2008

Revision on Benchmark Prime Lending Rates (BPLR) & Deposit Rates

State Bank of India (SBI) has informed that the Bank has revised the Benchmark Prime Lending Rate (referred to as SBAR) & Deposit Rates as under:
State Bank of India has revised the Benchmark Prime Lending Rate by 75 bps from 13.00% p.a. to 12.25% p.a. effective from January 01, 2009 and the Deposit rates downwards by 25 bps to 100 bps across the various maturities effective from January 01, 2009.

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