SBI HAS RAISED BENCHMARK PLR RATE (SBAR) TO 12.75% WEF 9TH APRIL 2007:

a)Benchmark Prime Lending Rate (referred to as SBAR) is revised upwards by 50 bps from 12.25% p.a. to 12.75% p.a. with effect from 9th Aprll 2007.

b)Term premia of 50 bps will be added as per extant instructions for loans with maturity of 3 years and above.

c)Credit risk premia (spreads) as per the existing Credit Risk Assessment (CRA) model of the Bank to be added to SBAR while fixing the pricing.