Vijaya Bank raises lending rate by 25 bps

Written by Reuters | Mumbai, June 30: | Updated: Jun 30 2008, 20:10pm hrs
State-run Vijaya Bank has raised its benchmark prime lending rate by 25 basis points to 13.25 per cent with effect from Tuesday, a senior official said on Monday.

The bank has also raised its deposit rates by 20-50 basis points, the official said.