July 29, 2016 / 6:31 AM / a year ago

BRIEF-State Bank of India cuts MCLR based lending rates by 5 bps effective Aug. 1

July 29 (Reuters) - State Bank Of India

* Says to cut MCLR based lending rates by 5 bps effective Aug. 1

* bit.ly/2aiJTtO Further company coverage: (Reporting By Devidutta Tripathy)

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