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SBI Cuts Lending Rates

SBI lowers FD, lending rates by up to 15 bps in its 10th cut this year

Overnight and one-month MCLRs have been reduced by 15 basis points to 7.45 per cent each. Three-month MCLR has been revised to 7.50 per cent from 7.65 per cent

Updated On: 11 Mar 2020 | 1:33 PM IST
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SBI cuts lending rates first time in 10 months, by 5 bps

RBI is keen for banks to lower lending rates further to accelerate credit growth, private investment

Updated On: 31 Oct 2017 | 6:33 PM IST