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View Full Version : SBI hikes MCLR by 25 bps; loan EMI burden to increase



IndiaInsurance
15th October 2022, 02:06 PM
https://img.etimg.com/photo/94875161.cms (https://economictimes.indiatimes.com/wealth/borrow/sbi-hikes-mclr-by-25-bps-loan-emi-burden-to-increase/articleshow/94875161.cms)SBI's new MCLR rates come into effect on October 15, 2022, as per the bank's website. Any revision in MCLR will directly impact the cost of loans as it implies an increase in the loan interest rate. Know how MCLR hike will impact borrowers

More... (https://economictimes.indiatimes.com/wealth/borrow/sbi-hikes-mclr-by-25-bps-loan-emi-burden-to-increase/articleshow/94875161.cms)