Date:15/03/2006 URL: http://www.thehindu.com/2006/03/15/stories/2006031510721700.htm

Business - Briefly

ICICI Bank raises PLR

MUMBAI: ICICI Bank has raised its prime lending rate (PLR) for corporate loans to 12.75 per cent from 11.75 per cent per annum. The corporate PLR, referred to as the ICICI Bank Benchmark Advance Rate (I-BAR) has come into effect from March 13, according to the bank's website.