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SBI Cuts MCLR Rates For Fifth Consecutive Time

Under this new loan regime, borrowers will get the immediate benefit of RBI’s rate cuts but when the rate cycle turns, they will be hit by rising interest rates faster than the MCLR-based loans.

SBI Cuts MCLR Rates For Fifth Consecutive Time

Under this new loan regime, borrowers will get the immediate benefit of RBI’s rate cuts but when the rate cycle turns, they will be hit by rising interest rates faster than the MCLR-based loans.

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