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ICICI Bank increases base rate, BPLR by 25 bps

by FP Staff  Aug 23, 2013 04:30 IST

REUTERS - ICICI Bank said on Wednesday it has increased its base rate and benchmark prime lending rate by 25 basis points with effect from August 23.

The base rate, the rate at which banks lend money to customers, at India's top private lender will now be 10 percent.