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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