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Retail loan rates cut : ICICI Bank
Thursday, October 11, 2007 in.reuters.com
(
Finance
)
A spokesman for ICICI Bank Ltd, said that it has cut interest rates on home loans and other retail loans by 25-50 basis points with immediate effect. India's second-largest bank has followed the example of State Bank of India of cutting interest rates on new loans for homes, automobiles and farm equipment in a festival season offer that runs until the end of 2007.
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