This is the seventh consecutive cut in lending rates by the bank this financial year. With this reduction, the one-year MCLR, to which most of its loan prices are linked, will come down to 8 per cent, the bank said in a statement.
State Bank of India on Friday reduced its marginal cost of fund based lending rate (MCLR) by 5 basis points across all tenors, effective November 10, and sharply slashed the deposits pricing between 15 and 75 basis points.
SBI clerk, junior associate final result 2019: The final result for over 8600 vacancies along with the waiting list up to 50 per cent of waiting list has been declared at the official website, sbi.co.in.
Rajnish Kumar, Chairman, SBI, said, “The 25-basis point rate cut coupled with an explicit policy acknowledgement of further rate cuts would ensure that fiscal and monetary policy work in tandem in arresting growth concerns.”
SBI Clerk Prelims Results 2019: State Bank of India (SBI) has released the result for clerk prelims examination. All the candidates had appeared for the SBI clerk prelims examination can check the results through the official website of SBI- sbi.co.in
SBI clerk recruitment 2019: The online application for State Bank of India (SBI) junior associate posts will be closed on Friday, May 3, 2019. There are 8,653 vacant posts, and the candidates can apply online through the official website- sbi.co.in