Sri Albert Tauro, Chairman and Managing Director, Vijaya Bank has announced the bank’s base rate at 8.25%.
"The base rate has been worked out in accordance with the Reserve Bank of India guidelines and we shall be fine-tuning it further, if needed, before it settles down by December 2010," he said.
"There will be no significant impact of the new system either on volume of advances or margins," he added.
"There will be no significant impact of the new system either on volume of advances or margins," he added.
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