Karnataka Bank ups its PLR by 25 bps

Karnataka Bank ups its PLR by 25 bps

BS Reporter / Chennai/ Bangalore August 11, 2010, 0:46 IST

Mangalore-head quartered private sector lender, Karnataka Bank Limited, has raised its Prime Lending Rate (PLR) by 25 basis points to 14 per cent with effect from August 16, 2010. However, there is no change in its Base Rate which stands at 8.75 per cent, the bank said in a statement.