Bank of India reduces Repo Based Lending Rate to 8.35%

India, June 6 -- Bank of India announced that Repo Based Lending Rate (RBLR) has been reduced to 8.35% w.e.f. 06 June 2025.Today, RBI has revised the Repo Rate from 6.00% to 5.50% (decrease of 50 bps). The change in RBLR is as under:Repo Rate revised from 6.00% to 5.50% (-50 bps)Mark up remained unchanged at 2.85%Effective RBLR revised from 8.85% to 8.35% (-50 bps)

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