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SBI slashes interest rate on term deposits
After reporting dismal Q3 results with higher NPA (non-performing assets) and lowered net profits, the public-sector lender announced reduction in the interest rate on term deposits with effect from February 18, 2014. The rate cut has been made across different maturity ...
Will cut rates for existing borrowers only if costs fall: HDFC
MUMBAI: After cutting lending rates for new customers, country's largest mortgage lender HDFC today said it may reduce the rates for existing customers if its cost of borrowing comes down. "Currently, we are seeing that old rates have not changed. ...
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