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SBI revises lending rates based on new methodology

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.

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.

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.

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.

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.

SBI raises lending rates by 0.20%, Axis Bank revises FD rates

Days after RBI hiked policy rate, country's largest lender State Bank of India (SBI) on Wednesday raised its lending rate by 0.20 percent to 10 percent, a move that is likely to be followed by other banks.

Flushed with Rs 70K cr excess liquidity, SBI to hold rates

SBI Chairman Pratip Chaudhuri Monday said the bank's reliance on sticky savings and long-tenor fixed deposits makes it comfortable to hold on to lending rates, which are the lowest in the system.

SBI decides not to raise lending rates

In what may come as a relief to borrowers, State Bank of India (SBI) Thursday said it is not considering an increase in lending rates even though some private lenders have resorted to that step.

SBI says no increase in lending rates following RBI steps

Country's largest bank SBI on Tuesday ruled out increasing its lending rates following the Reserve Bank's move to hike short-term borrowing costs as part of a slew of steps to support the falling rupee.

SBI rules out cut in minimum lending rate

The country's largest lender, State Bank of India (SBI), Wednesday ruled out the possibility of cutting its minimum lending rate or base rate, saying it was the lowest in the market.

SBI may lower lending rate in next 2-3 weeks

SBI last reduced the base rate or the minimum lending rate in September this year. The base rate of SBI is presently pegged at 9.75 percent.

SBI not to cut lending rates

State Bank of India (SBI) has ruled out any cut in its lending rates due to steep hike in the provisioning for restructured standard assets, a senior bank official said here Thursday.

SBI hints at more lending rate cuts

The bank had slashed its base rate by 0.25 percent to 9.75 percent last Tuesday in a bid to transmit the benefit of the 0.25 percent reduction in the cash reserve ratio by the Reserve Bank of India (RBI).

SBI to decide on lending rates in a day or two

Within hours of RBI cutting the cash reserve ratio by 0.25 percent, State Bank of India (SBI) said it will decide on reducing lending rates in a day or two for the benefits of borrowers.

SBI to reduce lending rates to exporters soon

Within days of the Reserve Bank massively increasing the export refinancing limits of banks, State Bank of India Wednesday said it will soon bring down interest rates on loans to exporters.

SBI expects RBI to cut CRR by 0.75% on Apr 17

Country's largest lender State Bank of India (SBI) expects the Reserve Bank to further unlock liquidity by reducing Cash Reserve Ratio (CRR) by 0.75 percent later in the month, that could lead to moderation in lending rates.

SBI rules out hiking lending rates

The country's largest lender State Bank of India (SBI) Wednesday said it was not in favour of hiking lending rates despite the Reserve Bank's 12th consecutive rate increase last month.

Interest rates to remain high: SBI

Country’s largest lender State Bank of India (SBI) has said that lending rates would continue to stay upward in the wake of spiraling inflation.