Editorial photo #2527703 Human Interest
Resident Complex In Kolkata
The Areal View of Resident Complex on March 02,2018 In Kolkata,India. The State Bank of India (SBI) on Thursday raised the key one-year marginal cost of funds based lending rate (MCLR) by 20 basis points to 8.15 per cent from 7.95 per cent. India's largest public sector lender said the new MCLR will be effective from March 1, 2018. Following suit, the Punjab National Bank (PNB) and ICICI Bank also hiked the MCLR rates for loan borrowers. (Photo by Debajyoti Chakraborty/NurPhoto)