[ad_1] State Bank of India‘s (SBI’s) loan book is growing well. The focus, according to Dinesh Khara, Chairman of the country’s largest lender, is on balancing the trinity of margins, asset quality, and growth. In an interview with CNBC-TV18, Khara reflected on the most challenging periods for the bank during his tenure. Khara is set […]
Karur Vysya Bank cuts EBLR, SBI increases MCLR: What this means for your loans – CNBC TV18
[ad_1] Karur Vysya Bank has announced a reduction in its External Benchmark Lending Rate (EBLR) from 10.05% to 9.9%, effective August 19. EBLR, which is a key interest rate used to determine the cost of loans, is set independently by banks, not by the Reserve Bank of India (RBI). This reduction could potentially lower the […]