Agency News

⚡SBI Hikes Lending Rate by 10 Basis Points or 0.1%, EMIs To Go Up for Borrowers

By PTI

The country's largest lender State Bank of India has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers. This is the second hike in a month raising the cost by 0.2 per cent with the two consecutive increases.

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