Public lender State Bank of India (SBI) has hiked the marginal cost of lending rate (MCLR) by 10 basis points. The upward revision in MCLR rates came into effect from May 15, thus, leading to a hike in the interest rates of car and personal loans, as per the SBI website.
Prices of aviation turbine fuel (ATF) have been hiked been hiked by 5 per cent to Rs 1, 23,039.71 per kl in Delhi, as per state-backed oil marketing companies (OMCs). ATF costs Rs 1, 21,847.11 per kl in Mumbai, Rs 1, 27,854.60 per kl in Kolkata and Rs 1, 27,286.13 per kl in Chennai.
After record-breaking levels of IPO activity in 2021, volatile market conditions have resulted in a significant slowdown during the first quarter of 2022, finds a report by global accounting firm EY.
Cryptocurrency markets are witnessing a steady uptrend in the last 24 hours. The global market cap is up by 2.62 per cent in the last 24 hours and is at $1.31 trillion as of 7:30 AM IST, CoinMarketCap data showed.