SBI cuts lending fee for shorter tenors


The SBI on Wednesday stated it has decreased its marginal price of funds primarily based lending fee (MCLR) by 5-10 bps for shorter tenors from July 10. The discount in MCLR for shorter tenors — as much as three months — is aimed to spice up credit score off take and revive demand. PTI


Randhawa digitally opens Markfed’s Kapurthala unit

Punjab’s Minister for Cooperation and Jails Sukhjinder Singh Randhawa on Wednesday digitally inaugurated Markfed’s technologically superior cattlefeed and allied industries plant at Kapurthala within the presence of Amarjit Singh Samra, Chairman, Markfed, and different functionaries. The plant has been arrange at a price of Rs 13 crore. TNS

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