A boost to the masses, four major government-backed banks slash interest rates, bringing welcome respite to the common folk.

A boost to the masses, four major government-backed banks slash interest rates, bringing welcome respite to the common folk.

The Reserve Bank of India (RBI) has cut interest rates for the second consecutive time, and as a result, four government banks have reduced their interest rates. The affected banks include Punjab National Bank, Bank of India, Indian Bank, and UCO Bank. This decision...