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SBI cuts interest rates on savings deposits

Updated : October 09, 2019 02:07 PM IST

SBI shares were trading at Rs 254.95, up Rs 5.85 (2.35 percent) recovering more than 4 percent from lows.
The bank lowered its Marginal Cost of Funds based Lending Rate or MCLR by 10 basis points across all tenors to 8.05 percent.
SBI cuts interest rates on savings deposits

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