India's largest lender, SBI, raised its marginal cost of fund-based lending rate (MCLR) by 0.05% for several tenors, including the one-year MCLR, which now stands at 9%. This is the second such increase recently, attributed to rising deposit costs and concerns about potential impacts on lending rates. SBI Chairman, C.S.
from Banking/Finance-Industry-Economic Times https://ift.tt/UwcP48V
via IFTTT
No comments:
Post a Comment