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SBI keeps MCLR rate unchanged across tenures after RBI s status quo on repo rate

The tenor-wise MCLR lending rates will be effective from 15 April, 2023, according to SBI s website

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SBI hikes lending rates by 10 bps across tenures; loan EMIs set to rise

Due to this latest MCLR hike by SBI, borrowers EMI outgo will increase further

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SBI MCLR Hike: Here s How Home Loan, Auto Loan, Personal Loan Borrowers Will be Impacted

SBI MCLR Hike Latest Update: The SBI said it has increased its three-month MCLR to 8.10 per cent, compared with 8.00 per cent earlier. The six-month MCLR stands at 8.40 per cent, which was 8.30 per cent earlier. aaa

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Loan EMIs to Increase Further as SBI Hikes Lending Rates by 25 bps From Tomorrow

Several banks in the recent past have increased MCLR after the Reserve Bank of India hiked the key repo rate by 35 basis points to 6.25%.

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THESE banks have raised lending rates, loan EMIs to see a hike

A bank s long-term loans, such home loans, are connected to its one-year MCLR, hence it is crucial from the perspective of retail loans.

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