SBI hikes MCLR by up to 15 bps across tenors
The benchmark one-year MCLR, which is used as base for fixing most of home, auto and personal loans, has been raised by 10 basis points (bps) to 8.05 per cent, as against 7.95 per cent earlier.
The six-month MCLR is up by 15 basis points at 8.05 per cent. Photo credit: PTI