With the increase, EMIs will go up for those borrowers who have availed loans on MCLR, not for those, whose loans are linked to other benchmarks
State Bank Of India Hikes Lending Rate By 0.1%; Monthly EMIs To Go Up
(link to source)
With the increase, EMIs will go up for those borrowers who have availed loans on MCLR, not for those, whose loans are linked to other benchmarks
