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PNB Reduces Lending Rate in Line With RBI Policy

Financial Express Mumbai

|

June 07, 2025

HOURS AFTER RBI's jumbo rate cut, state-owned Punjab National Bank (PNB) on Friday announced up to 50-basis-point reduction in its lending rate, a move which will help existing and new borrowers.

- PRESS TRUST OF INDIA

Other banks are also expected to make similar announcements soon.

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