Comitted to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 99 Wed. September 03, 2003  
   
Business


Rupali Bank cuts interest rate

Rupali Bank has reduced the rate of interest of agricultural and rural credit.

The bank took the decision to cut the interest rate recently, says a press release.

Interest rate reduced on loan sectors are: fisheries project loan from 11 to 10 per cent, poultry, dairy, Black Bengal Goat rearing projects from 11 to 10 per cent, semi intensive Black Bengal Goat rearing projects 9 per cent, shrimp project from 11 to 10 per cent, food godown projects from 11 to 10 per cent, loan for poverty alleviations/socio-economic development project from 11 to 10 per cent, micro credits from 11 to 10 per cent and loan for disabled persons 9 per cent.