SBI Hikes Lending Rates With Effect From Today; Loans Get Costlier

Muqe

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SBI Hikes Lending Rates With Effect From Today; Loans Get CostlierThe country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.