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    <title>PNB cuts lending rate in line with RBI policy</title>
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    <description>Punjab National Bank reduced its repo-linked lending rate by fifty basis points effective June 9, 2025, lowering borrowing costs for existing and new customers and setting new starting rates for home and vehicle loans. This repricing follows the central bank&#039;s simultaneous reduction of the benchmark repurchase rate and the cash reserve ratio, which increased systemic liquidity and prompted banks to adjust lending rates.</description>
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