Diabytes
Axis bank hike MCLR News
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The SBI MCLR rate announcement comes a week after the Reserve Bank of India (RBI) kept the repo rates unchanged at 6.5 percent.
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Axis Bank has increased its marginal costo of funds-based lending rate (MCLR) by 25 basis points.
Reserve Bank of India (RBI) had increased the repo rate to 5.90 %.
Now the overnight and one-month MCLR stands at 8.15%.
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