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State Bk of Bikaner & Jaipur cuts PLR by 50 bps

Mon Jul 6, 2009 10:06am IST
 
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MUMBAI, July 6 (Reuters) - State Bank of Bikaner & Jaipur, an associate of State Bank of India (SBI.BO: Quote, Profile, Research), 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.

(Reporting by Tamajit Pain; Editing by Sunil Nair)

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