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mclr

RBI cuts repo rate by 100 bps in 2025; home buyers may have to wait for benefit

Despite the RBI's clear direction, banks and lending institutions often delay or partially pass on the benefits of rate cuts to home loan borrowers. (Representational photo)
real estate
Published on Jun 10, 2025 03:36 pm IST

SBI cuts loan interest rate by 25 bps on this short-term tenure: Check details

SBI's base rate is 10.40%, and the Benchmark Prime Lending Rate is 15.15% as of September 15. Home loan interest rates vary between 8.50% and 9.65%, influenced by the borrower's CIBIL score.
business
Published on Oct 15, 2024 02:08 pm IST

EMIs to go up as SBI hikes lending rate by 10 basis points across tenures

The State Bank of India (SBI) office building is pictured in Kolkata, India.
business
Published on Jun 15, 2024 09:50 am IST
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