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SBI Slashes Key Lending Rate Once Again
On Nov. 01, Wednesday, State Bank of India’s benchmark lending rate cut will become effective. The state-run lender has slashed the rate by 0.05 percent across maturities. SBI has made the announcement on its official website. The largest Indian bank’s marginal cost of funds based lending rate (MCLR) is now 7.95 percent. The bank had[…]
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