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State Bank of Travancore lowers PLR to 12.25 pct

Fri Jul 3, 2009 7:26pm IST
 
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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)

Britain's Prime Minister Gordon Brown speaks, as finance minister Alistair Darling listens at the G20 Finance Ministers meeting in St. Andrews, Scotland. REUTERS/POOL New
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