PNB Cuts Loan Rates by 0.50%: Home and Car Loans Get Cheaper from June 9
New Delhi, June 9, 2025 — In a major relief for borrowers across the country, Punjab National Bank (PNB) has announced a reduction of 50 basis points (0.50%) in its Repo Linked Lending Rate (RLLR). The decision follows the Reserve Bank of India’s (RBI) move to cut the repo rate from 6.00% to 5.50%, paving … Read more