Some of the lenders such as Indian Bank and Bank of Maharashtra have announced concessions on interest rates and processing fees to encourage consumers in the car and home loan segments although the traction is most visible in the gold loan business, two senior bank officials familiar with the matter said.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/state-run-lenders-pin-hopes-on-festive-season-to-drive-demand/articleshow/77994017.cms
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