E-PaperSbi Rate Cut News
SBI rate cut: no impact?
Interest rate cut on spread, not on MLCRThe move will only benefit new borrowers with a loan amount of up to ₹30 lakh, most home loan borrowers will not see any immediate impact
3 min read16 Feb 2019What SBI’s savings account rate cut means for you
An expert says in comparison to savings account, liquid funds will give better returns as the interest rate on them is around 6.5% which is 1-2% higher than savings deposit
2 min read31 Jul 2017SBI to lower MCLR by 5 bps from 1 August
The rate cut comes on the heels of a drop in benchmark government bond yield, which closed at 7.19% on Thursday, its lowest level since 30 May 2013
1 min read30 Jul 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared