Bank of Baroda, HDFC Bank reduce lending rate by up to 50 bps, 10 bps

Bank of Baroda, HDFC Bank reduce lending rate by up to 50 bps, 10 bps https://www.taxtmi.com/news?id=45999 Banks adjusted retail lending benchmarks in response to a central bank policy easing: Bank of Baroda cut its Repo Linked Lending Rate by fifty basis points to align with the repo rate reduction, while a private bank lowered its Marginal Cost of Funds-based Lending Rate by ten basis points across multiple tenors, transmitting the policy easing and increased liquidity to borrowers. en-us Sun, 08 Jun 2025 18:16:04 +0530 Sun, 08 Jun 2025 18:16:04 +0530 TaxTMI RSS Generator Bank of Baroda, HDFC Bank reduce lending rate by up to 50 bps, 10 bps https://www.taxtmi.com/news?id=45999 Banks adjusted retail lending benchmarks in response to a central bank policy easing: Bank of Baroda cut its Repo Linked Lending Rate by fifty basis points to align with the repo rate reduction, while a private bank lowered its Marginal Cost of Funds-based Lending Rate by ten basis points across multiple tenors, transmitting the policy easing and increased liquidity to borrowers. News - Sun, 08 Jun 2025 18:16:04 +0530 https://www.taxtmi.com/news?id=45999