State Bank of India (SBI) on Friday announced modest cuts in select deposit rates and key lending benchmarks, with the revised rates set to take effect from December 15. Under the changes, the ...
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.
SBI and IOB cut loan interest rates, making loans cheaper and EMIs lower. The new rates come into effect from Dec 15.
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