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Aavas Financiers to increase prime lending rate by 35 bps

29 Oct 2018 Evaluate

Aavas Financiers has received an approval to increase Prime Lending Rate of the company by 35 basis points (bps) to 15.45% from 15.10% with effect from November 01, 2018. The Board of Directors of the company at their meeting held on October 26, 2018, approved the same.

Aavas Financiers is a retail, affordable housing finance company, primarily serving low and middle income self-employed customers in semi-urban and rural areas in India.

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