Tag: Sbi Cuts Lending Rate

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SBI Cuts Lending Rate By 10 Bps To 7.90%

New Delhi: The State Bank of India (SBI) on Monday announced 10 basis points cut in the one-year marginal cost of funds-based lending rate (MCLR), effective from December 10. It will bring SBI’s one-year MCLR down to 7.90 per cent from 8 per cent. The bank claimed it continued to be the cheapest loan provider […]

  • Thursday, 22 April 2021
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