Business | NDTV Profit Team | Wednesday July 10, 2019
State Bank of India (SBI) has reduced its benchmark lending rate by five basis points or 0.05 per cent across tenors. The new rate, effective from today, marks the third reduction by SBI this financial year, the country's largest lender said in a statement. SBI's revision of its marginal cost of funds-based lending rate (MCLR) comes a day after Res...
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