Business

Banks Cut Base Rates; Home, Corporate Loans To Be Cheaper

Housing, auto and corporate loans are all set to become cheaper with half a dozen PSU and private banks on Monday steeply reducing benchmark lending rate by up to 1.48 per cent after spurt in deposits following demonetisation. SBI on Sunday reduced the lending rate by a good 0.9 per cent after Prime Minister Narendra Modi in his new year ...

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