Tag «Reduction in Base Rate»

ICICI Bank cuts base rate by 25 bps to 9.75%

Reduction in Base Rate   ICICI Bank has announced a reduction of 0.25% in the ICICI Bank Base Rate (“I-Base”) with effect from April 10, 2015. The revised rate will be 9.75% p.a. as against 10.00% p.a. at present. With effect from July 1, 2010, interest rates on new loans and advances, including consumer loans, …