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Bank of Baroda cuts car and mortgage loan rates, aiming to boost affordability for buyers.
Bank of Baroda has reduced its car loan interest rates to 8.15% per annum from 8.40%, and mortgage loan rates to 9.15% from 9.85%, effective immediately.
This reduction follows the Reserve Bank of India's recent cut in its policy repo rate by 100 basis points.
The bank aims to make car ownership more accessible and affordable during the festive season.
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El Banco de Baroda recorta las tasas de préstamos hipotecarios y de automóviles, con el objetivo de aumentar la asequibilidad para los compradores.