Punjab National Bank to cut lending rates by 10 bps from 1 March

The one-year tenor loans, against which most of the consumer loans are benchmarked, has been cut to 8.45 per cent from 8.55 per cent. The three-year MCLR has been cut to 8.65 per cent.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2GP3LpV