SBI Lowers Lending Rates By 0.15% Soon After RBI Repo Rate Cut - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Wednesday, August 07, 2019

SBI Lowers Lending Rates By 0.15% Soon After RBI Repo Rate Cut

SBI Lowers Lending Rates By 0.15% Soon After RBI Repo Rate Cut

The State Bank of India (SBI) announced a 0.15% (15 basis points) cut in its MCLR (marginal cost of funds based lending rate) 

Soon After RBI Repo Rate Cut.




As per its press release, the 1 year MCLR, on which most retail loans like home loans are based, would come down to 8.25% from 8.40% with effect  from 2019, 10 August.



SBI Lowers Lending Rates By 0.15% Soon After RBI Repo Rate Cut Reviewed by Investment Guru on August 07, 2019 Rating: 5 SBI Lowers Lending Rates By 0.15% Soon After RBI Repo Rate Cut The State Bank of India (SBI) announced a 0.15% (15 basis points) cut in i...

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