Punjab National Bank

Punjab National Bank Cuts Lending Rates Following RBI’s Latest Policy Move – What Borrowers Should Know

Punjab National Bank Cuts Lending Rates Following RBI’s Latest Policy Move – What Borrowers Should Know

Anthony Lane

Punjab National Bank has cut its Repo-Linked Lending Rate from 8.85% to 8.35% after the RBI reduced the repo rate by 50 bps. Home loan interest now starts at 7.45%. This move lowers EMIs for both new and existing borrowers. Learn how much you can save, what steps to take, and how to make the most of this rate cut. An easy, expert guide for all borrowers in India.

One State, One RRB' Policy to Take Effect from May 1: 15 Regional Rural Banks to Merge

One State, One RRB’ Policy to Take Effect from May 1: 15 Regional Rural Banks to Merge

Anthony Lane

The "One State, One RRB" policy, effective from May 1, 2025, will consolidate 15 RRBs into 28 entities across 11 states, aiming to streamline operations, reduce costs, and boost rural banking services. This major reform is set to strengthen India's rural economy by improving access to financial services.