Sbi, Bank Of India Going Slow On Plr Cut

State Bank of India (SBI) and Bank of India may not cut their prime lending rates (PLR) in the short run. While SBI finds itself in a peculiar situation after the restructuring of the cash reserve ratio (CRR) formula for non-resident Indian (NRI) deposits, the Bank of India believes a cut in its prime lending rates won
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Oct 31 2001 | 12:00 AM IST
