State Bank of India (SBI) has increased the lending rate by 20 basis points across all tenors up to three years. Now SBI's overnight and one-month tenors' Marginal Cost of Funds Based Lending Rate (MCLR) stands at 8.1 per cent as against 7.9 per cent, as per the SBI's website.
from Times of India https://timesofindia.indiatimes.com/business/india-business/sbi-hikes-benchmark-lending-rate-by-0-2/articleshow/65632543.cms
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