State Bank of India (SBI) has increased its one-year Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points to 8.75% effective June 15. This hike affects all loan tenures, with expectations of further rise in lending rates. SBI's market capitalization has also seen a significant increase.
#ETNOWLeadershipDialogues | "Money going towards the capital market should lead to capital creation, not froth," says SBI Chairman Dinesh Kumar Khara Here's why he feels there 'cannot be an excess liquidity' situation for the nation👇 @nikunjdalmia @TheOfficialSBI… https://t.co/4d7BW4Zk4B
#ETNOWLeadershipDialogues | "Perhaps this is going to be one of the best possible years in terms of economic growth," says SBI Chairman Dinesh Kumar Khara as he discusses the outlook for the company and the nation @nikunjdalmia @TheOfficialSBI #ETNOWLeadershipDialogues… https://t.co/IaIVPJQ0bE
'If we've to sustain growth of economy...' - What SBI Chairman Dinesh Kumar Khara said at ET NOW Leadership Dialogues 2024 #ETNOWLeadershipDialogues @CapriGlobalCap @janabank @ETNOWlive https://t.co/fD3bkY70TN
'If we've to sustain growth of economy...' - What SBI Chairman Dinesh Kumar Khara said at ET NOW Leadership Dialogues 2024 @CapriGlobalCap @janabank @TheOfficialSBI #ETNOWLeadershipDialogues https://t.co/wxNGz2GfQ7
#ETNOWLeadershipDialogues | 'If we have to sustain the growth of economy, capital formation cannot be ignored' says Dinesh Kumar Khara of SBI at the ET NOW Leadership Dialogues @CapriGlobalCap @janabank @TheOfficialSBI https://t.co/bAF5M2f9XW
#ETNOWLeadershipDialogues | 'If we have to sustain the growth of economy, capital formation cannot be ignored' says Dinesh Kumar Khara of SBI at the ET NOW Leadership event @CapriGlobalCap @janabank @TheOfficialSBI https://t.co/AqAWo8WFij
Given the current economic growth rate, SBI is expecting 14-15% loan growth during the fiscal year 2024-25, the bank's chairman Dinesh Kumar Khara said. https://t.co/4tmkAQrh0X
SBI, which increased the marginal cost of funds based lending rates (MCLR) last week, said those lending rates are yet to peak and there could be another 10-15 basis points rise. #sbi #lendingrate https://t.co/oQQGMqPaMK
The m-cap of the country’s largest public sector lender SBI climbed Rs 9,192.35 crore to Rs 7,49,845.89 crore, while that of Bharti Airtel went up by Rs 1,108.36 crore to Rs 8,11,524.37 crore.
SBI Increases MCLR; Loan Rates To Go Up? Read How It Affects Loan Borrowers #sbi #statebankofindia #mclr #loan #homeloan #carloan https://t.co/3BHK0OFwOP
SBI lending rate hiked: Interest rates on THESE State Bank of India loans to get costlier https://t.co/rWtnwX5Or2
#SBI hikes lending interest rates by 10 basis points across all tenures https://t.co/94PxDiPjem
The State Bank of India (#SBI) increased its marginal cost of #funds-based lending rate (MCLR) by 10 basis points (0.1%) across all tenures. https://t.co/I1sIwGN3I7
The country's largest lender State Bank of India (#SBI) has hiked its #lendingrates by 10 basis points (bps) or 0.1 per cent across all tenures https://t.co/OcsuvfAlIC
JUST IN | SBI revises one-year MCLR to 8.75% from 8.65%, effective June 15: Agencies @TheOfficialSBI https://t.co/c7R4LvnLDB