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May drop lending rates further if RBI cuts 50bps: SBI

Just two days ahead of the Reserve Bank of India‘s (RBI) all important monetary policy review on June 18, State Bank of India (SBI) today announced cut in lending rates between 0.5-3.5%, mainly for the small and medium enterprises (SME) and the agriculture sector.

first published: Jun 15, 2012 07:09 pm

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