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Nation’s biggest bank, State Bank of India has increased its base rate and BPLR (Benchmark Prime Lending Rate) by 75 basis point which was kind of expected after RBI’s rate hike last week.

The SBI bank’s base rate or the minimum lending rate is now 9.25% and the BPLR is now14%.

Comparison of Base Rates

Base Rates comparison of Banks

Base Rates comparison of Banks

“The increase in lending rates is in line with the policy rate rise by RBI earlier this month, which was aimed at curbing inflation,” said Managing Director and Chief Financial Officer Diwakar Gupta.

After the increase of the rate by RBI last week, several banks have increased their base rates and rates in some of the banks are now in double digits e.g. PNB, UBI, BOI.

7 Comments

  • sreelatha skumar says:

    Dear Sir

    May I get a List of PLR and Base rate from 1995 to till date with date of chage and rate in different columns

    rgds
    ssk

  • JIgar P Panchal says:

    Dear sir,
    May I get the list of PLR & BASE RATE of all banks from 1995 to till date with date of chage and rate in different columns

    rgds

  • Gangadharam says:

    Dear Sir,
    May I get the BPLR / PLR and Base Rate of all Nationalised banks from 1998 till date please?
    regards
    RG

  • niraj bhatt says:

    I have taken home loan from sbi in oct-2009 with 3 years fixed interest of 8.5%. After completetion of the period the interest rate is 12%. si is there any way to reduce the interest to existing rate or somewhat lower.
    Pl. guide

  • LAXMI says:

    Dear Sir,

    May i get the BPLR of Punjab and Sind Bank from 2009 to till date please ?

    Regards

    Laxmi

  • Suresh Kumar Sharma says:

    Dear Sir,

    May I get the Base Rate and BPLR of State Bank of India since 01.04.2009 to till date Please?

    With Regards
    Suresh

  • Amitavo Choudhury says:

    Sir,
    MAY I GET THE SBI PLR OF MAY2014 & JULY2014.

    With regards
    Amitavo

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