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Bloomberg Quint
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Punjab National Bank Revises Repo-Linked Lending Rate To 8.85%
- Punjab National Bank has revised its repo-linked lending rate to 8.85% from 9.10%.
- The revision will come into effect from April 10.
- The existing marginal cost of funds-based lending rate and base rate remain unchanged.
- The announcement follows the RBI's Monetary Policy Committee slashing the benchmark lending rate by 25 basis points to 6%.
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