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Bank of Baroda, Union Bank of India reduce lending rates across all tenors - Moneycontrol 11-Jun-2020
![](https://images.moneycontrol.com/static-mcnews/2020/04/bank-of-baroda-770x433.jpg)
Bank of Baroda, Union Bank of India reduce lending rates across all tenors - Moneycontrol
The recent cuts in MCLR by banks have come after the Reserve Bank of India (RBI) slashed repo rate by 40 basis points to 4 percent on May 22.
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