Home Business 5 bps lending rates hiked by SBI

5 bps lending rates hiked by SBI

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(G.N.S) Dt. 10 Mumbai The State Bank of India has increased the marginal cost of fund based lending rate by 5 bps from Monday. With this hike, the one year MCLR of SBI will be 8.55%. MCLR is the benchmark rate to all which all loan rates are linked.

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