State Bk of Bikaner & Jaipur cuts PLR by 50 bps
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)
© Thomson Reuters 2009 All rights reserved
Dubai Debt Fears
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
One Year Later
Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan. Slideshow | Full Coverage
