Earlier, as a part of festive offers, the Bank of India had announced a 35 basis point reduction in its home loan interest rates and a 50 basis points in vehicle loan interest rates.source https://economictimes.indiatimes.com/industry/banking/finance/banking/union-bank-of-india-cuts-home-loan-rates-to-6-40-per-cent/articleshow/87284901.cms
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