SBI offers big relief to customers as it cuts rates; term on minimum deposit goes

The marginal cost of funds-based lending rate (MCLR) was pruned by 10-15 basis points (bps) across tenors with effect from March 10, with the one-year MCLR falling by 10 bps to 7.75%.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2THGvzb