Punjab National Bank hikes lending rates by up to 10 basis points

For loan of a six-month tenor, the borrowing rate will be costlier by 0.10 per cent to 8.40 per cent. While for one, three and five-year loan terms, the new rates are up by 0.05 per cent each to 8.45 per cent, 8.60 per cent and 8.75 per cent, respectively.

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