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United Bank of India, a state-owned lender, gained on Thursday after it has been decided by the asset liability management committee of the bank that the base rate of the bank will be reduced from 10.25% to 10.00% w.e.f. Feb. 01, 2015.
Shares of the bank gained Rs 2.15, or 5.12%, to trade at Rs 44.15 at the BSE (10.58 a.m., Thursday). |
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