ALPHA TRIBE

Bank of IndiaImportant, 06-06-2025: Updates

06-06-2025 | 04:45 pm

Bank of India has cut its Repo Based Lending Rate by 50 basis points to 8.35%, following RBI’s rate cut. The markup stays at 2.85%. This reduction may boost borrowing demand but could pressure the bank’s interest income and net interest margins in upcoming periods.

No comments yet. Be the first to comment!

All announcements from Bank of India