Marketwatch Cash is sloshing in banking system, surges to Rs 2.3 trillion Admin October 10, 2019 State Bank of India has Wednesday reduced its marginal cost based lending rate (MCLR) by 10 basis points across all tenors with effect from October 10, making it the bank’s sixth cut in MCLR in FY20. – Stocks-Markets-Economic Times Share on Facebook Tweet it Pin it Share it Email