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SBI cuts MCLR by 35 bps, effective from April 10

Updated : April 08, 2020 06:57 AM IST

The one-year MCLR comes down to 7.40 percent per annum from 7.75 percent.
The one-year tenor is the benchmark against which most of the consumer loans are priced.
SBI cuts MCLR by 35 bps, effective from April 10

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