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Tuesday, December 3, 2019
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SBI steeply slashes deposit rates; lowers lending rates marginally

SBI steeply slashes deposit rates; lowers lending rates marginally

HighlightsThis is the seventh consecutive cut in lending rates by the bank this fiscalWith this reduction, the one year MCLR, to which most of its loan prices are linked, will come down to 8 per cent, SBI said(Representative image)MUMBAI: The country's largest lender State Bank of India (SBI) on Friday reduced its marginal cost of…

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