BOB TO REDUCE BASE RATE BY 0.35%

Mumbai, Sep 29  State-owned lender Bank of Baroda on Thursday said that it will reduce its base rate by 0.35 per cent.

According to a BSE filing, the bank will reduce its base rate to 9.15 per cent per annum from October 1, 2017.

Besides base rate, the lender will also reduce its BPLR (Benchmark Prime Lending Rate) by 0.35 per cent to 13.45 per cent.