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Vijaya bank cuts interest rate on MSME loans from today-news01032012


Vijaya Bank has reduced the rate of interest on micro, small and medium enterprises (MSME) loans by up to 0.75% with effect from today (March 01, 2012).

'Apart from this, wherever the borrower's account is rated by an external credit agency, the Bank extends further reduction in rate of Interest ranging from 0.25% to 1%', it said in a statement.
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