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Festive offers may not last, rate increase expected

State Bank of India, Punjab National Bank, Oriental Bank of Commerce and Dena Bank’s recent initiative to cut rates for auto and home loans could turn out to be just a cosmetic affair, as they

State Bank of India, Punjab National Bank, Oriental Bank of Commerce and Dena Bank’s recent initiative to cut rates for auto and home loans could turn out to be just a cosmetic affair, as they may be forced to raise rates, both deposit and lending. Go here for more.

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