Business Loans India : SBI slashes interest rates for SME loans
April 12th, 2009
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The country’s largest lender, State Bank of India, cut lending rates on loans for small and medium enterprises and announced measures to improve credit flow to the fund-starved sector.
SBI has reduced lending rates for new SME loans up to Rs 5 lakh to eight per cent and that for loans of Rs 5-25 lakh [...]