Indian Overseas Bank cuts lending rate by 50 bps to 8.35%
Effective June 12, the bank’s repo linked lending rate (RLLR) will stand at 8.35%, down from the earlier 8.85%. Shares of Indian Overseas Bank Ltd ended at ₹39.60, down by ₹0.76, or 1.88%, on the BSE.
Effective June 12, the bank’s repo linked lending rate (RLLR) will stand at 8.35%, down from the earlier 8.85%. Shares of Indian Overseas Bank Ltd ended at ₹39.60, down by ₹0.76, or 1.88%, on the BSE.
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