PNB loans to get cheaper as bank cuts MCLR, base rate by up to 0.25%
Punjab National Bank has also reduced the MCLR by 0.20 percent on one- year, three years and five years maturities to 8.15 percent, 8.30 percent and 8.45 percent respectively.
Aug 31, 2017, 15:16 PM ISTNow PNB, IDBI Bank do it, cuts lending rate by 0.25%
Joining the rate cut spree, two public sector lenders, Punjab National Bank and IDBI Bank, Wednesday cut their base rates by 0.25 percent to 10 percent, which will lead to lower EMIs for its customers.
May 06, 2015, 19:00 PM IST