With the 10 bps reduction, the SBI has lowered the one-year MCLR to 8.15 per cent from 8.25 per cent. The decision will come into effect from Tuesday, September 10, the bank said in its statement. The move is expected to address the 'liquidity crisis' situation in the Indian market. The cash flow, according to critics, is at its worst stage in the last 70 years.