SBI MCLR
SBI cuts MCLR by 10 bps effective from sept 10
Public sector lender State Bank on Monday announced yet another reduction in lending rates by 10 basis points across tenors.The new rates are effective Tuesday, the lender said announcing the third rate reduction in the current fiscal year.One year MCLR, to which all the retail lending rates are linked ...
After SBI, top lenders hike loan interest rates
Ahead of the RBI’s key policy rate decision, top lenders raise their marginal cost based lending rates by at least 10 basis points.After SBI, top lenders hike loan interest rates
Watch: SBI hikes 1-yr MCLR by 20 bps to 8.15 pct
State Bank of India, which accounts for more than a fifth of India's banking assets, raised the key 1-year MCLR to 8.15 percent from 7.95 percent, according to a notification on Thursday. It is the first hike since the inception of a new lending rate system in April 2016. (Text: Reuters)Watch: SBI hik...
SBI announces new lending structure
SBI has announced its new lending structure MCLR from 1st April. Loans sanctioned from 1st April will be linked to MCLR.SBI announces new lending structure
SBI revises home loan rates at 25bps above MCLR
SBI has revised its home loan rates at 25 bps above MCLR. It has revised interest rates on various products.SBI revises home loan rates at 25bps above MCLR
Banks trim lending rates: Investment companies view
The government-owned SBI pegged its lending rate for its best customers at 8 per cent for one year, down from 8.90 per cent, including Union Bank and Punjab National Bank. Here's what the investment banking companies have to say about the impact on customers and loan rates.Banks trim lending rates:...
Banks trim lending rates: Investment companies view
The government-owned SBI pegged its lending rate for its best customers at 8 per cent for one year, down from 8.90 per cent, including Union Bank and Punjab National Bank. Here's what the investment banking companies have to say about the impact on customers and loan rates.Banks trim lending rates:
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