Pune: On the background of good financial results posted for 31.03.2015, Bank of Maharashtra, a Nationalised Bank reduces its Base Rate or Minimum Lending rate by 25 basis points from 10.25% to 10%, a move which would lower the interest cost to customers and EMIs of all loans. The Base Rate of Interest reduction is effective from 1st June, 2015. As it will reduce Base Rate Linked Loans and Advances EMIs.
Commenting on this Mr. R.K.Gupta, ED,Bank of Maharashtra said that, “It is hoped to boost Housing Loan, Car Loan, SME Loans and other Retails Loans cred it off-take in the Current Year.”
Your email address will not be published. Required fields are marked *
Notify me of follow-up comments by email.
Notify me of new posts by email.
Sign me up for the newsletter!
VODAFONE AND SONY PICTURES TEAM UP TO CLOSE DIGITAL SKILLS GAP
TVS Motor Company expands and strengthens its presence in Peru with three new product launches
THE RETINA FOUNDATION OF DR. AGARWAL’S EYE HOSPITAL, PUNE, SUCCESSFULLY TREATS FULL-THICKNESS MACULAR HOLE WITH CHROMO VISCO ASSISTED TECHNIQUE IN A PATIENT AFFECTED BY CENTRAL VISUAL LOSS
BlueStone announces the launch of its first store in Mumbai with actress Kiara Advani
2014 The Global Indian New Network (TGINN)