Banks Hikes Lending Rates in February 2023 After RBI Increases Repo Rate: Check List Here
Zee Media Bureau
| Feb 17, 2023, 18:02 PM IST
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List of Banks HIkes Lending Rates
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State Bank of India (SBI)
With effect from February 15, 2023, the public sector lender has adjusted its MCLR by 10 basis points (bps) for all tenors. The rate for one month's tenor has also increased from 8 percent to 8.10 percent, while the overnight MCLR has increased from 7.85 percent to 7.95 percent. The one-year MCLR has been updated to 8.50 percent.
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Canara Bank
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Central Bank of India
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Punjab National Bank
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