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Finance

Bank of Maharashtra lowers lending rate by 5 bps

Updated : February 07, 2019 10:22 PM IST

The rate cut is only for the loans with six-months tenor, while it has been left unchanged in four other time categories including the one-year MCLR.
Under the revised rate structure effective immediately, the Pune-headquartered lender will charge 8.55 percent for a six month loans, an official statement said.
Bank of Maharashtra lowers lending rate by 5 bps

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