Contact Your Financial Adviser Money Making MC
3
April 2017
Bringing
cheer to customers who have raised loans prior to April 1, 2016, the largest
public lender State Bank of India (SBI) cut its base rate by 15 basis points
(bps) to 9.10 per cent with effect from April 1, 2017. The Total Investment & Insurance Solutions
Earlier,
the base rate stood at 9.25 per cent.
The
marginal cost-based lending rate (MCLR) of the SBI, however, remains unchanged.
The six-month MCLR rate is at 7.95 per cent while the three-year rate stands at
8.15 per cent.The Total Investment & Insurance
Solutions
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