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Money & Banking - Housing Finance
Deutsche Postbank (India) cuts RBLR

New Delhi, May 14

Deutsche Postbank Home Finance Ltd (DPHFL) has announced a 50 basis point reduction in its retail basic lending rate (RBLR). All existing floating rate customers will benefit from this move, according to a company release. This is the second rate cut in last four months by the German Deutsche Postbank-owned housing finance company in India.

— Our Bureau

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