Indian Bank revises lending rate by 0.25%

Public sector Indian bank has revised the Benchmark Prime Lending Rate (BPLR) by 0.25% with immediate effect.

The Chennai-headquartered bank has revised its BPLR from 14.25% to 14.50% per annum, a bank statement here said.

The Base rate has been revised by 0.25% from the existing rate of 10% to 10.25% per annum with immediate effect, it added.