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Money Morning…
SBI and Axis cuts deposit rates, era of cheaper loans get closer as HDFC Bank signals base rate cut by March- Positive for Banking & NBFC sector
The country’s largest lender State Bank of India (SBI) on Friday has cut its deposit rates for maturities of over one year by 0.25%. SBI is the third bank after private sector lenders ICICI Bank and HDFC Bank reduced their deposit rates during the week.…
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