Bank of Baroda to reduce base rate from October

Image result for Bank of Baroda to reduce base rate from October

Mumbai, Sep 28:

 State-owned lender Bank of Baroda on Thursday said that it will reduce its base rate by 0.35 per cent. According to a BSE filing, the bank will reduce its base rate to 9.15 per cent per annum from October 1, 2017. Besides base rate, the lender will also reduce its BPLR (Benchmark Prime Lending Rate) by 0.35 per cent to 13.45 per cent. IANS