NIFTY 50

SBI slashes MCLR by 10 bps across all tenors

Updated : October 09, 2019 10:28 AM IST

The State Bank of India (SBI) on Wednesday slashed its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
This is a sixth consecutive rate cut by the country’s largest lender in FY19-20.
The new rate will come in effect from October 10, 2019.
SBI slashes MCLR by 10 bps across all tenors
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV