SBI hikes lending rates with effect from today. Loan EMIs to go up
SBI hikes lending rates: For one year tenor, the bank has decided to increase MCLR to 7.50 per cent
The State Bank of India (SBI) has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent. The new lending rates will come into effect from today, July 15.