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India's National Bank Reduces Rates by 20 Basis Points

2014-06-13 02:00:00| ThePigSite - Industry News

INDIA - Mumbai-based National Bank for Agriculture and Rural Development (NABARD) has reduced rate of interest by 20 basis points (bps) on their long-term refinance facility to banks with an objective to promote investments in agriculture, writes Jagdish Kumar.

Tags: national rates points basis

Category:Agriculture and Forestry

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