Money Saver India

SBI hikes base rate by 20 bps

State Bank of India (SBI) has hiked its base rate by 20 basis points to 10 per cent from 9.8 per cent. The country’s largest commercial bank has also increased its benchmark prime lending rate

State Bank of India (SBI) has hiked its base rate by 20 basis points to 10 per cent from 9.8 per cent. The country’s largest commercial bank has also increased its benchmark prime lending rate by 20 basis points from 14.55 per cent to 14.75 per cent. For more, go here.

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