Sunday, January 1, 2017

RPT-State Bank of India cuts lending rate by 90 bps across maturities

MUMBAI, Jan 1 (Reuters) - State Bank of India, the

country's biggest lender by assets, said on Sunday it had cut

its lending rates by 90 basis points for maturities ranging from

overnight to three-year tenures, after experiencing a surge in

deposits.

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