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 Money & Banking - Interest Rates
Agri-Biz & Commodities - Agricultural Institutions
Nabard trims rates on refinance

Mumbai, Nov. 4

The National Bank for Agriculture and Rural Development has reduced interest rates on refinance for investment credit for lending made by rural financial institutions by 50 basis points. The revised interest rate is 8 per cent for commercial banks and 7.5 per cent for co-operative banks and regional rural banks, the bank said in a press release.

— Our Bureau

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