| | | | Change in Base Rate, BPLR & Deposit Rates | 4/20/2012 5:48:15 PM | | | | Bank of Baroda has informed BSE that in response to the RBl’s move to reduce the policy rate by 50 bps in its Annual Monetary Policy unveiled on 17th April, the Bank has decided to reduce its Deposit Rates by 25 to 50bps in various maturities and its Base Rate and BPLR by 25 bps each with effect from May 01, 2012 to revive the sagging investment sentiment in the country.
With this, the Bank’s Base Rate will be at 10.50% and BPLR at 14.75% w.e.f. May 01, 2012. | |
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