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Top headlines: WhatsApp Pay set for phased roll out in India, SBI cuts MCLR

From WhatsApp Pay's phased roll out in India to PhonePe's plans of creating world's biggest ATM network in India, here are the day's top headlines

WhatsApp Pay
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WhatsApp Pay. Phot: Shutterstock

BS Web Team New Delhi
WhatsApp Pay set for phased roll out in India; granted NPCI permission
In a major development, WhatsApp will be able to roll out its digital payment platform, WhatsApp Pay, across India after securing a key regulatory approval on Thursday. Read more

SBI cuts MCLR for ninth straight month making auto, home loans cheaper
India's largest lender State Bank of India (SBI) has decided to reduce its Marginal Cost of Funds based Lending Rate (MCLR) by five bps across all tenors. The one year MCLR comes down to 7.85 per cent per annum (p.a) from 7.90 per cent per annum with effect from

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