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This morning we reported about the slash in rates from Bank of Baroda and Allahabad Bank. Just a while ago we have received confirmation from Union Bank of India and Syndicate Bank about interest rate cuts to boost the economy. Union Bank, has slashed its deposit rates by up to 1.35% across various maturities with … Read more Union + Syndicate Bank Cut Rates

Public sector banking major, Bank of Baroda (BoB), has slashed its interest rates on non-resident external (NRE) term deposits to 3.75% from 4.52% earlier for the period between one-year to two years, 3.19% from 3.87% previously between two years to three years, 3.47% from 4.14% ago between three years to four years and same thereafter with … Read more Bank of Baroda + Allahabad Bank slash rates