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Saturday, September 1, 2018

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Loans to get costlier as SBI hikes lending rates

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State Bank of India (SBI) has increased the lending rate by 20 basis points across all tenors up to three years. Now SBI's overnight and one-month tenors' Marginal Cost of Funds Based Lending Rate (MCLR) stands at 8.1 per cent as against 7.9 per cent, as per the SBI's website.

from Times of India https://ift.tt/2wueAag

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