💨 Abstract

State Bank of India (SBI), India's largest lender, has reduced its lending rate by 25 basis points in response to the Reserve Bank's policy rate cut. The new Repo Linked Lending Rate (RLLR) will be 8.25%, and the External Benchmark Based Lending Rate (EBLR) will be 8.65%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io