Bank of India — Important, 06-06-2025: Updates
06-06-2025 | 04:45 pm
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.
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