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Bank of Maharashtra reduces its lending rates

Following the Central Bank of India’s decision to reduce the repo rate by 25 basis points to 6% from 6.25% to boost growth, State...

Bank of Baroda cuts lending rate by 10 BPS

Bank of Baroda has slashed its lending rate by 10 basis points, which will, in turn, make auto loans, home loans, and other loans offered by the...

RBI to review MCLR guidelines

The Reserve Bank is all set to review the current Marginal Cost of Funds Based Lending Rate (MCLR) guidelines, according to a report by...

Punjab National Bank increases lending rates up to 10 basis points

With Punjab National Bank on the brink of being put under prompt corrective action (PCA) by the Reserve Bank of India, the bank has...

Loans to get costlier as banks plan to hike MCLR soon

Banks across the country are planning to increase their lending rates as early as March or April in a bid to protect their margins....

Four Public Sector Undertaking (PSU) banks lower lending rates

Four PSU lenders have slashed their lending rates. The list of lenders include banks like Vijaya Bank and Indian Bank. They have reduced their...