State Bank of India has upped its benchmark lending rates by 10­25 basis points, following the 25-bps increase in the policy repo rate
16
Feb

    State Bank of India has upped its benchmark lending rates by 10­25 basis points, following the 25-bps increase in the policy repo rate Subject: Economy Section: Monetary Policy Concept: MCLR, was instituted by the RBI with effect from April 1, 2016 The marginal cost of funds-based lending rate (MCLR) refers to the minimum […]

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