Andhra Bank holds on to rate hike
| The board of Andhra Bank today ratified a 50 basis point or 0.5% hike in its Prime Lending Rate. |
| Speaking to Business Standard, Andhra Bank chairman K Ramakrishnan said, "There is no revision in our prime lending rate. The board has endorsed the hike announced last week." |
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First Published: Aug 07 2006 | 5:04 PM IST