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via thehindubusinessline.comEconomy

UCO Bank hikes repo-linked and T-bill linked lending rates by 25 basis points

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

UCO Bank raises repo- and treasury bill-linked lending rates by 25 bps, effective Oct 8, amid RBI rate hike.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn Indian public bank raises lending rates in response to RBI policy decisions.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01UCO Bank raised repo- and treasury bill-linked lending rates by 25 basis points.
  2. 02The increase is effective October 8.
  3. 03The move aligns with RBI rate hike decisions.

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