IOB raises base rate to 10.25%
Public sector Indian Overseas Bank has raised its base rate from 10 per cent to
10.25 per cent with effect from Friday.
PTI- Chennai,
- Updated Jun 30, 2011 8:06 PM IST
Public sector Indian Overseas Bank has raised its base rate from 10 per cent to10.25 per cent with effect from Friday.
The city-headquarteredcompany also raised the bench mark prime lending rate from 14.25 per cent to14.50 per cent with effect from July 1, 2011, a bank statement said here.
Union Budget 2026 |
Finance Minister Nirmala Sitharaman presented her record 9th Union Budget on February 1. The Budget has brought relief for travellers, students, exporters and clean-energy sectors, while tightening the screws on tax non-compliance and speculative trading.Track live Budget updates, breaking news, expert opinions and in-depth analysis only on BusinessToday.in Published on: Jun 30, 2011 8:06 PM IST