Starting December 15, SBI's lending rates to go up, push EMIs higher

​A continued increase in rates by the Reserve Bank of India seems to have forced the lender's hand, with SBI choosing to hike its marginal cost of funds-based lending rate (MCLR) by 25 basis points​.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/FOlrJkf
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