Tuesday, March 31, 2020

Punjab National Bank cuts interest rates


PNB has decided to pass on the full benefit of recent RBIs policy rate cut of 75 bps to its borrowers covered under External Benchmark linked product of Repo Linked Lending Rate (RLLR) in respect of Retail/ MSME portfolio w.e.f 01.04.2020.

Further, Bank has also reduced its MCLR rates by 30 bps across the tenor for better monetary transmission of policy rate cut benefit to the borrowers. The rates shall be applicable for the amalgamated entity. The bank has also reduced its base rate by 15 bps from 9.05% to 8.90%.

Bank has further reduced its term deposit rates in various maturities bucket with maximum rate of 5.80% for deposits maturing in 1 year and above.

2 comments:

vé máy bay từ canada về việt nam said...

Aivivu - đại lý chuyên vé máy bay trong nước và quốc tế

vé máy bay đi Mỹ hạng thương gia

vé máy bay từ mỹ về việt nam 2022

chuyến bay từ đức về hà nội hôm nay

vé máy bay nhật bản về việt nam

gia ve may bay vietjet tu han quoc ve viet nam

giá vé máy bay từ canada về Việt Nam

vé máy bay giá rẻ ở nhật

Youth Destination said...

Youth Destination IAS Institute creates an environment where collective growth, resilience, and aspiration thrive. It's not just a preparatory center; it's a transformative journey that shapes individuals into leaders ready to face the challenges of the civil service examinations and, more importantly, to contribute meaningfully to society.