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SBI cuts lending rate by 0.4% to 9.3%

SBI cuts lending rate by 0.4% to 9.3%

Soon after reduction in repo rate by the Reserve Bank, country's largest lender State Bank of India (SBI) on Tuesday slashed minimum lending or base rate by 0.4 percent to 9.3 percent, setting the trend for benign interest rate regime.

 

State Bank of India cuts base rate by 0.05%

Country's largest lender State Bank of India (SBI) Wednesday cut lending rate by 0.05 percent, a day after the Reserve Bank cut its key policy rates.

SBI cuts base rate by 0.25% to 9.75%

Acting on RBI's cue, State Bank of India Tuesday reduced the minimum lending rate by 0.25 percent, giving relief to all types of borrowers.