Bank Loans May Get Cheaper: PNB, Bank of India Cut MCLR Rates Effective September 1
Punjab National Bank and Bank of India cut MCLR rates by up to 15 bps from September 1, 2025, offering relief to borrowers even as Reserve Bank of India holds repo rate at 5.5%.
Punjab National Bank and Bank of India cut MCLR rates by up to 15 bps from September 1, 2025, offering relief to borrowers even as Reserve Bank of India holds repo rate at 5.5%.
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