Following the RBI's repo rate cut, State Bank of India has slashed its lending rates, including MCLR, EBLR, and RLLR, ...
The latest repo rate cut by RBI has brought relief to borrowers, especially home loan customers with long-term loans. With ...
The State Bank of India (SBI) has slashed its lending rates after the RBI reduced the repo rate on December 5.
The repo rate cut should be interpreted as a pre-emptive measure to create a buffer, ensuring that the economy enters the ...
The State Bank of India has revised interest rates for term deposits and reduced MCLR and EBLR rates following a repo rate ...
While banks use varied benchmark rates, they often slow interest rate reductions and cut EMIs, but not tenure. Borrowers can ...
SBI has reduced select FD rates, cut MCLR by 5 bps across tenors, and lowered EBLR to 7.90% following the RBI’s repo cut. New ...
With several major banks already passing on the benefit, SBI’s move will directly help customers whose loans are linked to different lending benchmarks.
When the Reserve Bank of India reduces the repo rate, banks and housing finance companies can borrow funds at a lower cost.
With India’s Consumer Price Index (CPI) remaining well below the 2 per cent mark for the last three months, and expectation ...
SBI reduces lending rates following RBI’s 25-basis-point repo cut. MCLR, EBLR, RLLR, BPLR, and Base Rate revisions will lower interest rates and EMIs for retail and corporate borrowers.
After RBI cut the repo rate to 5.25 percent, HDFC Bank, PNB, Bank of Baroda, Indian Bank, Bank of India and Bank of ...