SBI cuts MCLR by 35 bps by April 10; less EMI on 30-year loan amount
The one-year MCLR comes down to 7.40 per cent per annum from 7.75 per cent per with effect from April 10, 2020, it said, adding that the one-year tenor is the benchmark against which most of the consumer loans are priced.
Apr 07, 2020, 19:52 PM IST