Centurion Bank of Panjab hikes PLR

Mumbai, Apr 9 (UNI) The Centurion Bank of Panjab hiked its prime lending rates (PLR) by 50 basis points to 15.00 per cent effective from tomorrow.

''In recent months, we have witnessed a host of fiscal and monetary measures from the government to control the inflation.

These measures will have the desired impact on inflationary trends to sensitive sectors,'' Centurion bank's country treasurer Tarini Vaidya said in a release.

UNI