BAD NEWS for Loan borrowers! SBI hikes lending rates by up to 10 bps-- Check new rates here
Banks increase their lending rates, or MCLR, in order to pass the cost on to their clients if the Reserve Bank of India raises the repo rate.
Jan 14, 2023, 19:16 PM ISTSBI hikes MCLR by 10 bps across tenures within 2 months: Check rates
RBI increased the policy repo rate to 4.4 percent from 4 percent earlier this month.
May 15, 2022, 21:39 PM IST