SBI has announced that it is reducing External Benchmark-Based Lending Rate (EBLR) by 25 bps effective from 15 February 2025.

The PSU bank has announced a reduction in its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR ...

Despite the rate cuts, SBI has left its Marginal Cost of Funds-Based Lending Rate (MCLR), Base Rate, and Benchmark Prime ...

EMIs stand for Equated Monthly Installments which is a breakup of loan principal amount + interest rate on that loan. EMIs ...

Many banks have revised its loan rates after the Reserve Bank of India's (RBI) recent cut in the repo rate by 25 basis points ...

After the RBI cut its repo rate by 25 bps to 6.25%, major banks have followed suit, lowering home loan rates and offering borrowers relief with reduced EMIs or shorter tenures.

State Bank of India (SBI) has reduced its home loan rate by 25 bps to 8.25% and EBLR to 8.90%, following RBI's 25 bps repo ...

State Bank of India (SBI) reduced interest rates on new retail and business loans tied to external benchmarks, following the RBI's repo rate cut. Home loan rates now range from 8.25% to 9.2% based ...

A decrease in the repo rate will now prompt banks to lower their lending rates, making home loans more affordable.

The RBI repo rate is a crucial factor in determining loan rates, including those for home loans. A dip in the repo rate by ...

The RBI's 25-basis point repo rate cut will bring relief to home loan borrowers. Learn how you can maximise savings through ...