Andhra Bank hikes BPLR

Hyderabad, Aug 2 (UNI) Andhra Bank today announced an upward revision of its benchmark prime lending rate (BPLR) by 50 basis points.

The BPLR will now be 11.50 per cent and would be the reference rate for all loans and advances with limits above Rs two lakh.

The revision comes into effect from today, a bank release here said.

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