May 09, 2024 01:05 (IST)
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LIBOR Transition: SBI ready to switch to new interest benchmark

LIBOR Transition: SBI ready to switch to new interest benchmark

Mumbai/IBNS: The country's largest public-sector lender State Bank of India Thursday said it is all set to implement the new interest benchmark with the cessation of the traditional London Interbank Offered Rate (LIBOR) for its daily business and product pricing.