SBI cuts MCLR by 5-10 bps for short-term loans. Here are the latest rates

This is the 14th consecutive reduction in the Bank’s MCLR. With this revision, SBI’s MCLR upto 3 months tenor comes down to 6.65 per cent p.a., which is on par with the External Benchmark based Lending Rate(EBLR) of SBI.

from Personal Finance News-Wealth-Economic Times https://ift.tt/38JbOji