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State Bank of Bikaner & Jaipur cuts PLR by 50 bps

Mon Jul 6, 2009 10:26am IST
 
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MUMBAI (Reuters) - State Bank of Bikaner & Jaipur, an associate of State Bank of India, has cut its benchmark prime lending rate by 50 basis points to 12.25 percent from July 6, it said in a statement to the National Stock Exchange on Monday.

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Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
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