Axis Bank cuts PLR by 25 bps, stock up 3%

Published on Thu, Feb 14, 2008 at 10:04 |  Source : Moneycontrol.com

Updated at Thu, Feb 14, 2008 at 10:07  

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At 10:03 am, Axis Bank was quoting at Rs 998, up Rs 31, or 3.21% on the NSE. It has touched an intraday high of Rs 1,025 and an intraday low of Rs 978.

The bank has decreased PLR by 25 bps and Mortgage Reference Rate (MRR) by 50 bps.
 
It was trading with volumes of 20,446 shares. Yesterday the share closed down 2.38% or Rs 23.60 at Rs 967.

  

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