State Bank of India slashes interest rates; will your home loan EMIs fall?

State Bank of India slashes interest rates; will your home loan EMIs fall?

Countrys largest lender State Bank of India (SBI) has reduced its Marginal Cost of funds based Lending Rate (MCLR) by 25 bps across all tenors. The one year MCLR has now fallen to 7 percent per annum…
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