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SBI MCLR rates News

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MCLR had already increased by the bank in December 2022. The new rate is now 8.4 percent. The new rate goes into effect tomorrow.
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SBI's one-year MCLR was raised to 7.20 percent on May 15 from 7.10 percent previously. The six-month MCLR has been increased from 7.05 percent to 7.15 percent. RBI increased the policy repo rate to 4.4 percent from 4 percent earlier this month.






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