Bank of India, UCO Bank cut lending rate in line with RBI's policy https://www.taxtmi.com/news?id=40363 Public sector banks revised their repo-linked lending rate benchmarks downward following a central bank policy rate cut, applying the new rates to existing and new borrowers and disclosing the changes through regulatory filings with specified effective dates to effect monetary policy transmission to retail lending. en-us Wed, 09 Apr 2025 18:31:03 +0530 Wed, 09 Apr 2025 18:31:03 +0530 TaxTMI RSS Generator Bank of India, UCO Bank cut lending rate in line with RBI's policy https://www.taxtmi.com/news?id=40363 Public sector banks revised their repo-linked lending rate benchmarks downward following a central bank policy rate cut, applying the new rates to existing and new borrowers and disclosing the changes through regulatory filings with specified effective dates to effect monetary policy transmission to retail lending. News - Wed, 09 Apr 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=40363