7/12/2025, 4:39:02 pm

Bank of Maharashtra cuts retail loan rates by 25 basis points

Public sector lender Bank of Maharashtra reduced interest rates by 25 basis points on retail loans linked to RLLR, effective Saturday. Revised rates include a 7.10% home loan and 7.45% car loan, among the lowest in the industry. This decision follows the RBI's 25-basis point repo rate cut to 5.25% on Friday.