Indian Bank raises BPLR by 75 bps to 14pc

New Delhi, Aug 12: Indian Bank on Tuesday, Aug 12 said it has raised its Benchmark Prime Lending Rate (BPLR) by 0.75 per cent to 14 per cent from 13.25 per cent with effect from Monday, Aug 11.

The Bank, however, has not revised home loan floating rates for sanctioned limits up to Rs 30 lakh for both existing and fresh accounts, it said in a statement. Also, it has not hiked interest rates for both existing and fresh accounts of educational loans.

UNI