Tuesday, February 5, 2013

Vijaya Bank Lowers Base Rate


Vijaya Bank Lowers Base Rate
Vijaya Bank has reduced its Base Rate (BR) by 25 basis points i.e the existing base rate of 10.45% p/a. is reduced to 10.20% p.a. The revised rates will be effective from 5th February, 2013.

Vijaya bank is one of the major nationalized banks in the country clocking several milestones and fuelling nation’s growth. Spearheading a business of over Rs. 1, 50,000 crore as on 31st December, 2012, the bank has been at the forefront in ushering a new era of growth and all round progress. The bank has an all India presence with 1334 Branches and 823 ATMs.