Mumbai, Oct 15: Andhra Bank has reduced its prime lending rate by 0.75 per cent to 10.5 per cent, effective from Wednesday. The short-term prime lending rate has been revised to 9.75 per cent from 10.5 per cent, an Andhra Bank release said here.
The new prime term lending rate (PLR) would now be 10.75 per cent, brought down from 11.5 per cent, it added. Bureau Report