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Oriental Bank Of Commerce reduces base rate by 0.05%

Oriental Bank of Commerce (OBC), has announced reduction in its base rate, that is the minimum lending rate by 0.05%,effective from October 3.

In a regulatory filing Oriental Bank of Commerce stated that,”This is to inform that the bank has revised the base rate from 9.50 per cent per annum to 9.45 per cent per annum with effect from 03.10.2017.”

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