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Indian Overseas Bank informs about updates

11 Jun 2025 Evaluate
Indian Overseas Bank has informed that RBI in its MPC meeting held from 04.06.2025 to 06.06.2025 has reduced the Repo Rate by 50 bps. Accordingly, it is decided to reduce External Benchmark Lending Rate (EBLR) by 50 bps with effective from 12.06.2025 as details enclosed.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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