SBI hikes lending rate: Loans, EMIs to get costlier
New Delhi, 18/4:India’s largest public sector lender State Bank of India (SBI) on Monday hiked its lending rate (MCLR) by 10 basis points, a move that will make all home, auto and personal loans costlier for all kinds of borrowers — existing and future. One basis point is equal to one hundredth of…
