Sunday , 24 March 2019
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Business

SBI raises benchmark lending rate by 50 basis points

NEW DELHI: State Bank of India, the country’s largest lender, today raised benchmark lending rate by 50 basis points to 12.25 per cent, making home, vehicle and other corporate loans linked with the rate costlier to existing borrowers. However, for new borrowers the base rate, which became effective from July 1 this year, stands at 7.5 per cent.

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Rs 14 lakh Intruder delivered

PANAJI: The Intruder M1800R is the world’s most modern cruiser. It delivers the classic look of a cruiser without sacrificing the power and torque that motorcyclist crave. It is built for effortless cruising, across town or across state lines, said a press release.

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