The state-owned lender has reduced interest rate on its short-term gold loan scheme -- Bumper Agri Jewel. Earlier, interest rate on the product was 7.5 per cent.source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-bank-trims-interest-rate-on-gold-loans-for-farmers-to-seven-per-cent/articleshow/77167743.cms
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