Biznextindia : Country's largest lender State Bank of India (SBI) has reduced its Marginal Cost of Funds based Lending rates (MCLR ) by 5-10 basis points (bps) in the shorter tenors i.e. upto 3 months, with effect from 10th July 2020, to boost credit off-take and revive demand. This is 14th consecutive reduction in the Bank's MCLR. With this revision, SBI's MCLR upto 3 Months...
- 2 days ago