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Corporation Bank cuts SME rates; retail lending rates

Corporation Bank cuts SME loan rates and retail lending rates

Apnaloan.com Research Bureau

06 Feb 2008

Corporation Bank has reduced lending rates by 25 basis points on advances to small enterprises, including micro enterprises.

The bank has also reduced retail lending rates by 50 bps on consumer durables loans. The revised rates will be effective from February 15, for existing as well as fresh loans. This offer is on up to March 31.