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Andhra Bank hikes base rate
August 17, 2013August 17, 2013by In Infrastructure Finance

Andhra Bank hikes base rate

Andhra Bank raised the benchmark lending rate by 25 basis points to 10.25 per cent from 10 per cent. Further, the state-run bank raised BPLR to 14.50 per cent from 14.25 per cent. In a communication to stock exchange, the bank said the rate hike would effectively raise lending rates for auto, corp