November 7, 2008, Ratekhoj.com. Dena Bank, a public sector bank in India, has announced in a press release that it is cutting its Bank Prime Lending Rate (BPLR) from 14.25% to 13.50% with effect from November 10, 2008. This is expected to trigger a reduction in interest rates on loans linked to the BPLR such as floating rate home loans, car loans etc.

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