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India's largest lender, State Bank of India has increased lending rates effective March 15th. The benchmarch prime lending rate (BPLR) and base rate have been hiked by 0.7%

Your EMIs set to go up as SBI hikes lending rates

India's largest lender, State Bank of India has increased lending rates effective March 15th. The benchmarch prime lending rate (BPLR) and base rate have been hiked by 0.7%

Get ready to pay more for your loan EMIs. India's largest lender, State bank of India has hiked lending rates by 70 basis points or 0.7%.&nbsp;
SBI has hiked its benchmark prime lending rates or BPLR by 0.7% to 14.85% from 14.15% currently. Loans linked to BPLR will now become more expensive.&nbsp; The bank has also hiked its base rate by 0.7% to 10.10%. The increased interest rates will be effective from Wednesday, March 15th.&nbsp; SBI last revised the rates in December 2022.&nbsp; This hike in lending rates by SBI comes ahead of RBI's credit policy meet in the first week of April. Given that retail inflation is still higher than RBI's comfort zone, experts say another repo rate hike is likely on the cards.&nbsp;
Other banks are also likely to follow suit and raise lending rates in the days to come.&nbsp;

Move aside Governor Das, the banks are not waiting for the RBI&nbsp;policy but beating the curve and raising rates. Private lender HDFC&nbsp;Bank has&nbsp;raised its marginal cost of funds-based lending rate (MCLR) on loans across all tenures by 35 basis points effective immediately.&nbsp;
The hike in rates marks the second hike in just a month, earlier HDFC Bank had raised MCLR by 25 basis points on May 7, 2022.&nbsp;
But some relief for home loan borrowers, it is important to note that hike in EMI outgo will impact only when the reset date of your loan arrives which is just once a year.&nbsp;
The one-year MCLR, which is connected to many consumer loans, will now be 7.85 percent, the two-year MCLR will be 7.95 percent, and the three-year MCLR will be 8.05 percent.

EMIs rise: Banks don't wait for RBI, raise loan rates ahead of policy meet

EMIs soar: Banks don't wait for RBI, raise loan rates ahead of policy meet

Second rate hike within a month by HDFC&nbsp;Bank&nbsp;

Move aside Governor Das, the banks are not waiting for the RBI&nbsp;policy but beating the curve and raising rates. Private lender HDFC&nbsp;Bank has&nbsp;raised its marginal cost of funds-based lending rate (MCLR) on loans across all tenures by 35 basis points effective immediately.&nbsp;
The hike in rates marks the second hike in just a month, earlier HDFC Bank had raised MCLR by 25 basis points on May 7, 2022.&nbsp;
But some relief for home loan borrowers, it is important to note that hike in EMI outgo will impact only when the reset date of your loan arrives which is just once a year.&nbsp;
The one-year MCLR, which is connected to many consumer loans, will now be 7.85 percent, the two-year MCLR will be 7.95 percent, and the three-year MCLR will be 8.05 percent.

In a big move India's largest babk State Bank of India (SBI) has hiked loan rates which is going to hurt consumers as prices across the board continue to rise. SBI raised the marginal cost of lending rate (MCLR) by 10 basis points (bps) across all loan tenors. One basis point is equivalent to one-hundredth part of a percentage point. The hike in rates is applicable immediately. SBI's one year MCLR increases to 7.10% vs 7% earlier. The three year MCLR is now at 7.4% vs 7.3%. 

SBI hikes rates, loans & EMIs get more expensive

SBI raised the marginal cost of lending rate (MCLR) by 10 basis points (bps) across all loan tenors. One basis point is equivalent to one-hundredth part of a percentage point. The hike in rates is applicable immediately. 

SBI hike rates, loans & EMIs get more expensive

SBI hikes MCLR by 10 bps across tenors, effective April 15

In a big move India's largest bank&nbsp;State Bank of India (SBI) has hiked loan rates which is going to hurt consumers as prices across the board continue to rise.&nbsp;
Also read/watch| <a title="Infosys share price sinks; here is what brokerages are saying" href="https://www.editorji.com/business-news/new-timings-for-banks-and-forex-trade-check-the-details-here-1650256866497">Infosys share price sinks; here is what brokerages are saying</a> SBI&nbsp;raised the marginal cost of lending rate (MCLR) by 10 basis points (bps) across all loan tenors. One basis point is equivalent to one-hundredth part of a percentage point. The hike in rates is applicable immediately.&nbsp;
SBI's one year MCLR increases to 7.10% vs 7% earlier. The three year MCLR&nbsp;is now at 7.4% vs 7.3%.&nbsp;

Cow dung, mango leaves and bel leaves are being sold online on EMI by e-commerce company, Amazon.

Cow dung, mango leaves & bel leaves are being sold online on EMI through e commerce websites  

Believe it or not,&nbsp;Cow dung,&nbsp;mango leaves, bel leaves and other puja&nbsp;materials&nbsp;are being sold online that too on EMI.&nbsp;

Cow dung has been added to the list of things you can now buy on EMI!

Amazon is selling cow dung, mango leaves &amp; bel leaves on EMI
You can now order cow dung cakes &amp; other puja material online
Customers can buy puja material online on EMI&nbsp;at discounted rates

Now you can buy cow dung, mango leaves, bel leaves and other puja&nbsp;articles on EMI&nbsp;on e-commerce websites.&nbsp;

Amazon has taken online shopping to the next level! Believe it or not, once available for free in villages now cow dung, mango leaves and&nbsp;bel leaves are being sold online on EMI by e-commerce website Amazon.&nbsp;
Also watch: <a href="https://www.editorji.com/story/back-to-the-roots-cow-dung-soaps-and-bamboo-bottles-1570013120407">Back</a><a href="https://www.editorji.com/story/back-to-the-roots-cow-dung-soaps-and-bamboo-bottles-1570013120407"> to the roots: Cow dung soaps and bamboo bottles</a>&nbsp;
So if you want to get a&nbsp;Puja done at your home, you can now order cow dung cakes and other puja material online. In fact, Amazon is giving options to customers to buy these products on EMI&nbsp;at discounted rates.
Let's take a look at the prices!
Mango leaves are being sold on Amazon for Rs 78.
Cow dung cakes are being sold at the rate of Rs 2,100 per 500 pieces.
Bel&nbsp;Patra&nbsp;can be bought for Rs 240.
Apart from these, Tulsi plant and cow urine is being sold for Rs 125 and Rs 180, respectively.&nbsp;
Also watch:&nbsp;<a href="https://www.editorji.com/story/eco-friendly-diyas-made-with-cow-dung-are-the-latest-rage-1603185854096">Eco-friendly diyas made with cow dung are the latest rage</a>

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