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SBI says home-loan queries jump three-times since rate cut

SBI says home-loan queries jump three-times since rate cut

State Bank of India (SBI) is leaving no stones unturned to kick-start the credit offtake, and last week's steep 0.90 bps lending rate cut has resulted in a huge number of enquiries, especially for home loans, a top bank official said here today.

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 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 cuts lending rate by 0.25%

The bank's new benchmark prime lending rate (BPLR) effective from September 27 has been set at 14.50 percent.

SBI cuts interest rates by 0.25% on deposits of 5 years and more

State Bank of India on Thursday lowered interest rates on domestic term deposits of maturity of five years and more by 0.25 percent to 8.50 percent.

SBI cuts interest rate for exporters by 0.5%

Country's largest lender SBI has cut interest rate on loans to exporters by 0.5 percent within days of the Reserve Bank increasing the export refinancing limits of banks.

SBI cuts lending rates between 0.5-3.5%

Interest rate on home and retail loans will remain unchanged, the banking leader said, adding they are low and competitive.

SBI cuts fixed deposit rates by 0.25%

State Bank of India on Thursday slashed interest rates on fixed deposits in select maturities by 0.25 percent, a development that is likely to be followed by other banks.