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Union Bank and United Bank cut landing rates, others expected to follow soon.
Q: Within hours of rate cut announced by RBI, United Bank and Union Bank have reduced the benchmark lending rates by 0.25 % and 0.5 % respectively.

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rbi repo rates
rbi rate cut
lending rates
united bank of india
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Latest Answer: But RBI has to be careful of the inflation expectations if growth picks up while the savers also need to be provided with sufficient real returns for the savings rate in India to rise and reduce confidence on foreign money for growth.
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