Top headlines: SBI's MCLR rate cut, Lodha India's richest realtor and more

This is the eighth cut in MCLR in this financial year and follows a 5 bps reduction last month

SBI cuts MCLR rate by 10 bps for one-year loan, deposit rates unchanged

The country’s largest lender, State Bank of India, has cut its marginal cost of fund-based lending rate (MCLR) by 10 basis points for loans with a one-year tenure to 7.9 per cent, effective December 10. Read more

M P Lodha India's richest real estate entrepreneur with wealth of Rs 32,000 cr: Report

Lodha Developers' M P Lodha and family has been named India's richest real estate entrepreneur with a wealth of Rs 31,960 crore followed by DLF's Rajiv Singh and Embassy group founder Jitendra Virwani in the second and