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Bank of Baroda Says Will Cut Rates Soon

PUBLISHED ON: June 4, 2015 | Duration: 10 min, 51 sec

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K Venkata Rama Moorthy, executive director, Bank of Baroda said the bank is contemplating a base rate cut from the existing 10 per cent and will bring them down soon. In a competitive environment, rates need be market-aligned, he added.
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