Loans to get cheaper, SBI, HDFC, Federal Bank cut lending rates
PTI: Mumbai, Jan 30 2013, 22:12 IST
RBI rate cut.
Last month, HDFC Bank had reduced its base rate by 0.1 per cent to 9.7 per cent, the lowest in the market.
At the same time, the benchmark prime lending rate (BPLR) of the bank was also slashed by a similar margin to 18.20 per cent.
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