SBI Loan EMI To Get Costlier, MCLR Rates Hiked From 15 December 2023 --Check Latest Rates
The SBI MCLR rate announcement comes a week after the Reserve Bank of India (RBI) kept the repo rates unchanged at 6.5 percent.
Dec 15, 2023, 12:54 PM ISTAxis Bank hikes MCLR rate by 25 bps, making loans costlier; Check rates here
MCLR is a benchmark rate that helps to decide various loan rates such as car loan, home loan, etc. Now the overnight and one-month MCLR stands at 8.15%, according to the Axis’s bank website.
Oct 18, 2022, 16:01 PM IST