Bad News For SBI Customers: Bank Hikes Lending Rates; Home Loan, Personal Loan EMIs Get Costlier
The SBI has now increased the one-year MCLR by 0.05 per cent to 9 per cent effective from Friday.
Nov 14, 2024, 20:18 PM IST
SBI Slashes Loan Interest Rate By 25 bps On This Short-Term Tenure; Check MCLR Loan Interest Rates Effective From Oct 15
SBI MCLR Loan Interest Rate: RBI implemented MCLR on 1 April 2016 to determine rates of interest for loans. Notably, the revised MCLR became effective on October 15.
Oct 15, 2024, 16:31 PM IST
SBI revises lending rates based on new methodology
The new interest rates vary from 8.95 percent for overnight to 9.35 percent for 3 years, SBI said in a document posted on its website Thursday.
Mar 31, 2016, 15:52 PM IST
SBI slashes base rate by 0.15%; effective June 8
The nation's largest lender State Bank of India Tuesday reduced its base rate by 15 basis points after the RBI cut repo rate by 25 basis points.
Jun 02, 2015, 19:50 PM IST
SBI cuts lending rate by 0.15%, effective June 8
India's largest bank, the State Bank of India on Tuesday cut its base lending rates by 0.15 percent to 9.70 percent, to be effective from June 8.
Jun 02, 2015, 18:27 PM IST
SBI cuts lending rate by 0.15%, effective April 10
Nudged by RBI, country's biggest bank SBI Tuesday cut base lending rate by 0.15 percentage point to 9.85 percent, becoming the first major lender to ease the rate in many months.
Apr 07, 2015, 19:09 PM IST
SBI cuts lending rate by 0.15% to 9.85%, effective April 10
State Bank of India on Tuesday cut its lending rate by 15 basis points to 9.85 percent effective April 10.
Apr 07, 2015, 18:37 PM IST