State Bank of India has reduced its benchmark lending rate by __________ bps for all loan tenures.
  • 16.2
  • 26
  • 34.5
  • 45
Answer:- 4
Explanation:-

State Bank of India has reduced its benchmark lending rate by 5 bps across all loan tenures. The lender's one-year marginal cost of funds based lending rate (MCLR) will be 8.4% compared with 8.45%.

Post your Comments

Your comments will be displayed only after manual approval.

Test
Classes
E-Book