Canara Bank cuts prime lending rate again
Wednesday, 20 February 2008, 20:30 IST
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Bangalore: State-run Canara Bank on Wednesday slashed its benchmark prime lending rate by 25 basis points or 0.25 percent. The Bangalore-based bank said in a statement here that its prime lending rate (PLR) would be 12.75 percent from Feb 25. The latest reduction comes a fortnight after the bank reduced its PLR to 13 percent from 13.25 percent.
Source: IANS
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