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BoB cuts interest on mortgage, car loans
Financial Express Chandigarh
|August 29, 2025
BANK OF BARODA has reduced its interest rates on car loans and loans against property with immediate effect, the bank said on Thursday.
The move comes in addition to the rate cuts the bank implemented following the Reserve Bank of India's 100 basis points (bps) reduction in the policy repo rate, it said.
With the revision, floating interest rates now start from 8.15% per annum, down from 8.40% earlier, the bank said in a statement.
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