Tag: MCLR

SBI Hikes MCLR Again, Twice In A Month; How Will It Impact Home, Auto Loan EMIs?

The State Bank of India or SBI has increased the marginal cost of the loan rate (MCLR) by 10 basis points during the term of office. New rates will be effective starting Sunday, May 15. This is a second level increase by a public lender in the past month. Following the tariff revision, you must…

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