<ul><li>Indian Bank has lowered its repo-based lending rate by 25 basis points after the Reserve Bank of India (RBI) decision.</li><li>Earlier, Bank of India also reduced its repo-based lending rate by the same percentage.</li><li>The earlier lending rate of Indian Bank was 6.25% before the cut.</li><li>The Reserve Bank of India's Monetary Policy Committee lowered the repo rate from 6.25% to 6% and changed its stance from neutral to accommodative.</li></ul>

Indian Bank Lowers Repo-Based Lending Rate After RBI Decision

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