Finance blog

Banking

SBI MCLR hiked again by 5 basis points

State Bank of India (SBI), the country’s biggest lender, has officially hiked its MCLR (marginal cost of funds based lending rate) by 5 basis points after the Reserve Bank of India (RBI) decided to keep policy rates at the same levels in its bi-monthly monetary policy review that took place on the 5th of December, […]

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