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SBI cuts MCLR by 5 bps across all tenors, reduces fixed deposit rates
With this reduction, the one year MCLR, to which most of its loan prices are linked, will come down to 8 per cent
SBI slashes deposit rates on various tenors, cut to be effective from Aug 1
The country's largest lender has also cut deposit rates on bulk deposits of Rs 2 crore and above
SBI does not have any headroom to cut deposit rates: Chairman Rajnish Kumar
In the current situation if I cut the rate of interest then I will have a problem, says Kumar
Limited room for rate cut, says SBI chief
SBI reduced its lending rate for home and auto loans by 0.05 percentage points
