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SBI hikes MCLR by 10 bps on all types of loans

SBI hikes MCLR by 10 bps on all types of loans : Rashtra News #SBI #hikes #MCLR #bps #types #loans State Bank of India, the country's biggest mass lender by assets, has raised its marginal cost of lending rate (MCLR) on all types of retail and institutional loans - for homes, vehicles or corporate purposes

Bank of Baroda raises lending rate by 5 bps starting today Details here

With the new rates coming into effect, overnight MCLR is 8.10 percent against 8.05 percent earlier. The 3-month MCLR is now 8.45 percent against 8.40 percent earlier. The six-month MCLR is 8.65 per cent against 8.60 percent earlie

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