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Bank of Maharashtra cuts retail loan rates by up to 50 basis points

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Bank of Maharashtra cuts retail loan rates by up to 50 basis points

NEW DELHI: State-owned Bank of Maharashtra on Thursday reduced interest rate by up to 50 basis points on retail loans, including home, car, education and other loans linked with Repo Linked Lending Rate. Interest rate reduction by the lender is in line with RBI’s rate moderation and new rates are effective from June 10.





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