Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1483)
1483.
State Bank of India has reduced its benchmark lending rate by __________ bps for all loan tenures.
6.2
6
4.5
5
Answer: Option
Explanation:
State Bank of India has reduced its benchmark lending rate by 5 bps across all loan tenures. The lender's one-year marginal cost of funds based lending rate (MCLR) will be 8.4% compared with 8.45%.
Discussion:
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