FOXBusiness.com: HDFC Bank Cuts Base Rate by 0.1 Percentage Point

FOXBusiness.com FOX Business Network - The Power to Prosper

HDFC Bank Cuts Base Rate by 0.1 Percentage Point Dec 31st 2012, 08:50 HDFC Bank Ltd. (500180.BY) Monday lowered its base rate-- or the minimum rate of interest it can charge borrowers--by 0.1 percentage point, factoring in a reduction in its funding cost.

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