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IDBI Bank cuts rates for some fixed deposits, extends popular Utsav scheme
Lender discontinues two tenures, announces new terms for other products
PNB cuts savings deposits rate by 10 bps to 2.9%, effective Sept 1
Bank officials said the decision is partly driven by huge liquidity that the bank continues to manage and also correction in rates vis-a-vis peers, especially PSU banks
Saving deposit rate cuts sets stage for lower lending rates: Report
Rates reduction by 3 banks include SBI, Bank of Baroda and Axis Bank stoke competition among lenders
