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Total 91 results found. Search for [ SBI cuts MCLR ]

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February 8, 2019
SBI Chairman Rajnish Kumar said the bank has the highest market share of the home loans market and it is appropriate to empower the large lower and middle class segment by transmitting the rate cut announced by the RBI.

Dipak Mondal
New Delhi, January 2, 2018
The SBI base rate cut to 8.65% from 8.95% is likely to benefit 8 million customers
January 2, 2018
The base rate reduction, effective January 1, will benefit  nearly 80 lakh of existing customers of the SBI whose loans are still linked to the base rate and not the marginal cost of funds-based lending rates (MCLR).

Mail Today Bureau
January 2, 2018
The nation's largest lender reduced the base rate to 8.65 per cent for existing customers from 8.95 per cent, while the BPLR is down from 13.70 per cent to 13.40 per cent with effect from January 1.

January 1, 2018

Money Today Team
NA, November 13, 2017

Anand Adhikari
November 2, 2017
Four months ago when the largest bank, State Bank of India (SBI), reduced the savings rate from 4 per cent to 3.5 per cent, other large banks reacted immediately and reduced their savings rate by 10 to 50 basis points.

BT Online
New Delbi, November 2, 2017
State Bank of India (SBI) has slashed rates on its home and car loans. Following a cut in MCLR by 5 basis points, bank has reduced home loan interest rates to 8.30 per cent

BT Online
New Delhi, November 1, 2017
The State Bank of India (SBI) has slashed its marginal cost lending rates by 5 basis points.

BT Online
New Delhi, November 1, 2017
The revised interest rate is applicable for fixed deposits across all maturities.

BT Online
November 1, 2017
A day after India's 30-notch jump to 100th in the World Bank's ease of doing business ranking, the Sensex and Nifty went into jubilant mood hitting fresh all-time highs with all component indices trading in the green.

BT Online
October 31, 2017
Country's largest lender State Bank of India will cut marginal cost-based lending rates (MCLR) across maturities by 5 basis points. The new rates will come into effect on Wednesday.

BT Online
October 3, 2017
In its last monetary policy review, RBI had cut repo rate by 0.25 per cent to 6 per cent, citing low inflation.

Priya kapoor
September 6, 2017
Inculcating some behaviors and practices at the time of making investments will help you increase your wealth and make you richer.

Anand Adhikari
Mumbai, August 7, 2017
The reduction in interest rates is prominent in the retail segment (especially in the home loan segment or small-ticket loans) because of stiff competition among the banks.

Adhil Shetty
August 7, 2017
Since mid-2014, this is the seventh time the RBI has reduced the lending rate in response to various macroeconomic factors. Not just that, banks now are proactively reducing lending and deposit rates.

Anand Adhikari
New Delhi, August 2, 2017
Will the commercial banks follow the example of the central bank and slash their lending rates or carry on as they were? Here's a look.

Mumbai, August 1, 2017
The nation's largest lender State Bank of India slashed interest rate on savings deposits by 50 bps to 3.5 per cent on balance up to Rs 1 crore, citing \"muted credit demand and very high real interest rates\".

BT Online
July 31, 2017
For savings account balance of Rs 1 crore or more, the bank will continue to offer 4 per cent interest. At 1444 hours, the SBI stock was trading 4 percent or 12 points higher at 311.10 points on the BSE. The stock is up 24.51 percent or 61.25 points on an year-to-date  basis.

Mumbai, February 9, 2017
Prospects for further cuts in key policy rates in the near future have receded after the apex bank shifted the stance of the monetary policy from 'accommodative' to 'neutral', they said.

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