Economy, asked by manojpalakru3, 1 year ago

What is mclr in state bank of india

Answers

Answered by Justneedhelp

Answer:Marginal cost linked rate of interest

Explanation:NIL

Answered by shahanarrranjith

Answer:

State bank of india has reviewed the Marginal Cost of the funds based Lending Rate with effect from 10 March 2019. MCLR is defined as the minimum rate of the interest benchmark by the bank below which the bank cannot lend to the customers.

Explanation:

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