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PNB, BOB, RBL cut retail loan rates
Business Standard
|February 11, 2025
EMIs Set To Fall
Equated monthly installments (EMIs) on retail and small business loans are set to fall as large public-sector banks, including Punjab National Bank and Bank of Baroda, have reduced the external benchmark-linked loans rates from Monday.
The move comes after Reserve Bank of India on Friday reduced the policy repo rate by 25 basis points (bps) to 6.25 per cent.
Cette histoire est tirée de l'édition February 11, 2025 de Business Standard.
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