State Bank Of Hyderabad Base Rate

Hi buddy I heard State Bank of Hyderabad reduces base rate by 20 BPS, is it so if yes then would you plz tell me what is its base rate right now ??

State Bank of Hyderabad is a nationalized bank in India, with headquarters at Hyderabad, Telangana.

Yes State Bank of Hyderabad has reduced the base rate by 20 basis points to 9.75% from present 9.95% with effect from October 8, 2015.

Bank profile

Type Public Sector

Industry Banking

Insurance

Capital Markets and allied industries

Founded King Mir Osman Ali Khan, Hyderabad State Bank Hyderabad, 8
August 1941

Headquarters Gunfoundry, Abids

Hyderabad India

Area served Pan-India.

Key people Arundhati Bhattacharya (Chairman), Santanu Mukherjee
(Managing Director)

Products Personal Banking Schemes, Corportate Banking, SME Banking
Schemes, FOREX, Mobile Banking, Internet Banking, Credit Cards, Insurance

Owner Government of India

Parent State Bank of India (100% owned)

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Answered By StudyChaCha Member