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PNB lowers fixed deposit rates by up to 0.25%

Punjab National Bank (PNB) has reduced the fixed deposits rates by 0.25 percent on select maturities.

PNB has said in a statement that the bank has reduced interest rates on retail term deposits by 0.05-0.25 percent in maturity bucket of 1 year and above.

It said that the new rates would be effective from July 1.

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