SBI - Revision in Benchmark Prime Lending Rate (SBAR)
State Bank of India (SBI) has informed BSE that the Bank has decided to revise Benchmark Prime Lending Rate (SBAR) with effect from February 16, 2008, as follows:
- Revision in Benchmark Prime Lending Rate (SBAR):
The Bank has revised downwards the Benchmark Prime Lending Rate (referred as SBAR) as under:
* Benchmark Prime Lending Rate (referred to as SBAR) is revised downwards by 25 bps from 12.75% p.a. to 12.50% p.a. with effect from February 16, 2008.
