Home Business SBI hikes MCLR rate by 10 basis points; your EMI may increase

SBI hikes MCLR rate by 10 basis points; your EMI may increase

By
Lucky Jain
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(G.N.S) Dt. 01 Mumbai As an existing or a new home loan borrower, if you are expecting a reduction in home loan interest rates, you could be disappointed. State Bank of India, the country’s top lender by assets, on Thursday raised marginal cost-based lending rates (MCLR) across most maturities, effective

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