State Bank of Travancore increases BPLR to 13%, to declare dividend

State Bank of Travancore has announced that the Bank has declared to enhance the Benchmark PLR from 12.50% to 13% with effect from April 09, 2007.

A meeting of the Board of Directors of the Bank will be held on April 25, 2007, inter alia, to take on record the Audited Financial Results of the Bank, for the year ended March 31, 2007 and for declaration of Dividend, if any.

The stock closed the day at Rs.3035, up by Rs.15 or 0.50%. The total traded quantity was 20 shares compared to 2 week average of 58.

Source : Equity Bulls

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