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BoM slashes retail loan rate by up to 50 bps
Millennium Post Delhi
|Delhi 13 June 2025
State-owned Bank of Maharashtra (BoM) on Thursday said it has reduced its interest rate by up to 50 basis points on retail loans, including home, car, education and other loans linked with Repo Linked Lending Rate.
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NEW DELHI:
The interest rate reduction by Pune-based lender is in line with the rate moderation done by RBI last week and the new rates are effective from June 10.
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