Four PSU banks cut lending rate in line with RBI's policy, more to follow suit

Four PSU banks cut lending rate in line with RBI's policy, more to follow suit https://www.taxtmi.com/news?id=40413 Banks adjusted retail pricing to reflect a central bank policy rate reduction by lowering their Repo-linked Benchmark Lending Rate. Four public sector banks announced downward revisions to their RBLR in regulatory filings, specifying revised rates and effective dates, implementing monetary policy transmission by reducing benchmark lending rates for existing and new borrowers. en-us Wed, 09 Apr 2025 21:46:03 +0530 Wed, 09 Apr 2025 21:46:03 +0530 TaxTMI RSS Generator Four PSU banks cut lending rate in line with RBI's policy, more to follow suit https://www.taxtmi.com/news?id=40413 Banks adjusted retail pricing to reflect a central bank policy rate reduction by lowering their Repo-linked Benchmark Lending Rate. Four public sector banks announced downward revisions to their RBLR in regulatory filings, specifying revised rates and effective dates, implementing monetary policy transmission by reducing benchmark lending rates for existing and new borrowers. News - Wed, 09 Apr 2025 21:46:03 +0530 https://www.taxtmi.com/news?id=40413