
RBI repo reduction effect: Bank of Baroda cuts lending rate to 8.15%; Cheaper loans for homes and cars
Planning to buy a car or a house? Your loan just got cheaper. Bank of Baroda, one of India’s top public sector banks, has slashed its repo linked lending rate (RLLR) by 50 basis points, following the Reserve Bank of India’s latest policy cut. With the new rate of 8.15% now in effect from June…