SBI Hikes MCLR Rates Second Time, EMIs Likely To Go Up

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Major news to ears is that the State Bank of India (SBI) has increased the marginal cost of lending rate (MCLR) by 0.1 per cent or 10 bps, which will be effective from May 15, Sunday. This is the second hike of this month in lending rates by SBI, as the bank has already increased … The post SBI Hikes MCLR Rates Second Time, EMIs Likely To Go Up appeared first on Viral Bake.

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