Benchmark Prime Lending Rate (referred to as SBAR) has been cut by 75 basis points with effect from November 10, 2008. PLR will accordingly stand reduced at 13 per cent from the present 13.75 per cent.



SBI PLR (SBAR) Movement-

SBAR is revised from 12.75% p.a. to 13.75% p.a. with effect from 12th August 2008.

SBAR revised upwards by 75 bps from 11.50% p.a. to 12.25% p.a. w.e.f 20th February 2007.