SBI hikes MCLR by up to 15 bps across tenors
Representational file image. | Photo Credit: Reuters State Bank of India has raised the marginal cost of funds-based lending rate (MCLR) by 15 basis points across tenors, making most consumer loans costlier for borrowers. The revised rates come into effect from November 15, 2022. The benchmark one-year MCLR, which is used as base for fixing […]
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