United Bank of India slashed base rate
Posted on: 19/Mar/2014 10:29:50 AM
United Bank of India has slashed base rate or minimum lending rate by 0.25 per cent.
"It has been decided to reduce the base rate of the bank from 10.50 per cent to 10.25 per cent with effect from March 24," United Bank of India said in a filing on the Bombay Stock Exchange.
All new loans, including home and car loans, would become cheaper by 0.25 per cent with reduction in base rate.
