Quick apply
Home loan
Demat account
Credit Card
Personal Loan
Car Loan
  • Federal Bank Trims Base Rate By 10 Basis Points

    March 7th, 2012 by

    Federal Bank has cut its base rate or the minimum lending rate by 10 basis points to 10.65 per cent, with effect from March 6, 2012. Earlier, Union Bank of India and Bank of Maharashtra had curtailed their base rates by 10 basis points each. Moreover, the bank is also planning to open 100 branches, which would expand its network to 938. The step is taken in order to improve the mobilization of current account and savings account deposits.

    Published on March 7, 2012 · Filed under: General;
    No Comments

Leave a Reply

 
 
Email This
* Your Name:
* Your Email:
* Friends Email:
(Separate multiple email addresses with commas.)
OR Send email using your contact list
* Your Message: