The base rate is the minimum rate below which a bank cannot lend. The benchmark prime lending rate (BMPLR) has been kept unchanged at 13.95 per cent. Benchmark prime lending rate is based on the credit worthiness of bank customers.
Shares of the bank today closed 4.60 per cent down at Rs 56.05 apiece on BSE.
Punjab National Bank has also cuts base lending rate by 20 basis points (bps) to 9.15 percent earlier this month. The new base rates are in effect from September 1. The cut has been down from 9.35 percent.
Goodreturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google