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State Bank of India lowers MCLR; interest rate on home loans

State Bank of India lowers MCLR; interest rate on home loans

Apr 09, 2019, at 06:41 pm

Mumbai, Apr 9 (UNI) Country’s largest lender State Bank of India (SBI) on Tuesday announced that it has reduced its MCLR by 5 basis points across all tenors with one year MCLR coming down from 8.55 per cent per annum to 8.50 per cent per annum.