SBI lowers interest rates on several new retail, biz loans
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 on credit scores. Business loan rates will depend on deposit rate adjustments.
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 on credit scores. Business loan rates will depend on deposit rate adjustments.
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