State Bank of India surprised the market with a cut of only 0.05 % points in its Base Rate from 9.75% to 9.75% with effect from February 4.
HDFC Bank reduced its auto loan rates by upto 0.5% points.
Among the Old private sector bank Federal Bank slashed its interest rates on auto loans from 11.20% to 10.45%.
Courtesy: THE HINDU
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