REUTERS - State-run lender Punjab National Bank (PNBK.NS) on Thursday said it would cut its base rate by 25 basis points to 10.25 percent from February 9.
Earlier this week, the Reserve Bank of India cut the repo rate by 25 basis points to help support an economy set to post its slowest annual growth rate in a decade.
On Wednesday, the State Bank of India cut its base rate by 5 basis points.
Trending On Reuters
Unrest is brewing among Assam's so-called Tea Tribes, whose forefathers were brought here by British planters from neighbouring Bihar and Odisha more than a century ago, as changing weather patterns upset the economics of the industry. Full Article