Personal Loan News
BoM cuts lending rates
Wednesday,13th February 2008
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Bank of Maharashtra (BoM) has reduced interest rate on loans to small and medium enterprises (SME) by 25 bps. This brings the interest rates for SME loans to 13 per cent for loans up to Rs. 5 lakh and 13.5 per cent for loans above Rs. 5 lakh up to Rs. 30 lakh. |
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