Giving the example of SBI, he said, 91 per cent of jobs are being done digitally now, which was unthinkable 35 years ago.

India appears to be distinctly benefiting in terms of being an attractive investment destination as investment opportunities drag for China, according to a research report by the State Bank of India (SBI), which recently said India appears to be emerging as the best option with a positive growth and inflation outlook in this fiscal, SBI said in its Ecowrap.

With effect from January 15, 2023, the State Bank of India (SBI) has increased the marginal cost of funds-based lending rate (MCLR) for home loans with a one-year term by 10 basis points. The MCLR is the lowest interest rate that the bank will allow for lending.According to the SBI notification, the MCLR for a one-year tenure will increase from 8.30% to 8.4% with effect from January 15 while remaining the same for other tenures.What is MCLR? BCCL/Representational ImageThe financial…

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