State Bank of Travancore lowers PLR to 12.25 pct

Fri Jul 3, 2009 7:26pm IST

[-] Text [+]

MUMBAI, July 3 (Reuters) - State Bank of Travancore (SBKT.BO: Quote, Profile, Research) on Friday said it has reduced its benchmark prime lending rate by 50 basis points to 12.25 percent, effective July 1. (Reporting by Jasudha Kirpalani; editing by Sunil Nair)

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008. REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow

India: Too early to assess crisis impact

Asia banks, builders hammered

More Company News

UPDATE 1-Bomb strikes Afghan capital, no injuries-TV

Europe shares rebound from sharp fall; banks lead

FTSE ends up 1 pct; banks rebound, miners rally

UPDATE 3-Merkel ally resigns over Afghan deaths

European shares close higher; banks lead

European shares rebound; banks rise

CCIL: MTM prices for India GSec & T-Bills-Nov 27

UPDATE 2-Tata Motors in profit as Jaguar's outlook brightens

Indian bond yields up on profit taking, cbank talk

ArcelorMittal says India state meeting "positive"

More Company News...

India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage

IT cos cautious on growth, eye M&A

Video: No strong inflow measures now

26/11 - One year later

People stroll outside the Taj Mahal hotel ahead of the first anniversary of the militant attacks in Mumbai, November 24, 2009. REUTERS/Punit Paranjpe

Investors worry about another attack

The risk of militants striking again worries investors who fear that a second attack similar to last year's Mumbai raids could shake the economy. Full Article | Full Coverage

Slideshow: One year later

Blog: Lasting images, limited impact?

Market Update

India
US
UK
Asia
Most Actives

Business Video

Video

RBI to assess Dubai before reacting

Video

Dubai fears ease in Europe

Video

Learning from the billionaires list

Video

Christmas markets beat recession

Video

Dubai debt problems shock

Video

No strong inflow measures now

Video

MS sees $70b in India share sales

Video

Gold fever spreads

Video

Long-term focus on infrastructure

Video

DLF: “housing demand firming up”

road to Copenhagen

France's President Nicolas Sarkozy (L-R), Germany's Chancellor Angela Merkel and Denmark's Prime Minister Lars Lokke Rasmussen hold a news conference in Brussels in this November 19, 2009 file photo on the Copenhagen climate conference. REUTERS/Sebastien Pirlet

World can reach climate pact by end 2010

Global climate change talks in Copenhagen next month should yield a concrete base that will allow for a definitive treaty to be agreed within a year. Full Article

Obama offers U.S. climate cut

India's solar power targets

Analysis: Hacked climate e-mails awkward

Analysis: "Golden opportunity" for CO2 market

Blog: Denying bedroom privileges save planet?