Correction: rate cuts 03 March 2015 4:25PM Banking Day staff A story in Banking Day on Monday, Lenders yet to cut rates, contained several errors. It said that Homeloans, State Custodians and Adelaide Bank had not issued notifications of rate cuts following the reduction in the cash rate last month. In fact, all had done so and all had cut their variable rates by 25 basis points.The article said that loans.com.au had cut the rate on a particular product by less than 25 bps. This was also incorrect.A corrected version of the article appears on the Banking Day website.