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SBI, Indian Overseas Bank reduce interest on home, auto loans post-RBI cut

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Within days of the Reserve Bank of India (RBI) lowering its key lending rate, state-run State Bank of India (SBI) on Tuesday reduced its benchmark marginal cost of funds based lending rate (MCLR) and home loan rates, effective from April 10.

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SBI, Indian Overseas Bank reduce interest on home, auto loans post-RBI cut SBI, Indian Overseas Bank reduce interest on home, auto loans post-RBI cut Reviewed by Online News Services on April 10, 2019 Rating: 5

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