BrunGa
Active member
Bad news for customers ahead of Diwali: Loan EMIs to get more expensive as SBI, Kotak, Federal Bank revise lending rates Country's largest lender State Bank of India (SBI) has revised the MCLR for the benchmark one-year tenor to 7.95 per cent, up by 25 basis points from previous rate. SBI said the new MCLR is effective from October 15, 2022.