SBI Raises Interest Rates, Shocks Borrowers
SBI Raises Interest Rates: SBI and Other Banks Increase MCLR: What Borrowers Need to Know The State Bank of India (SBI), a major player in the domestic banking sector, has surprised borrowers by raising its Marginal Cost of Funds-Based Lending Rate (MCLR) by 10 basis points. This increase will make vehicle and home loan repayments … Read more