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Sikh News Punjab National Bank Slashes Rates By 50 Basis Points (New Kerala)

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Sikh News Reporter

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Sep 20, 2004
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Mumbai, Feb 25 : Following the latest trend in the public banking sector, the Punjab National Bank (PNB) announced Monday that it has reduced the benchmark prime lending rate (BPLR) by 50 basis points (bps) from the existing level of 13 percent to 12.50 percent per annum.

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