Good news for SBI, BoB and Allahabad Bank loan customers; EMIs to go downBusiness | February 14, 2020 18:28 IST
There's good news for customers who are paying EMIs for their loans with State Bank of India, Bank of Baroda and Allahabad Bank. From today, the EMIs of SBI loans - India's largest bank - will go down as the bank has reduced the MCLR by 0.05 per cent. Bank of Baroda and Allahabad Bank has also reduced the MCLR by the same value. The new rates are applicable from today (February 14).