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Allahabad Bank cuts its PLR

Allahabad Bank cuts its PLR by 25 bps

Apnaloan.com Research Bureau

28 Mar 2008

Allahabad Bank has cut its prime lending rate (PLR) by 25 basis points (bps). The new rate will be effective from April 1, 2008.

The effective PLR will be 13 per cent from the existing 13.25 per cent.