SBI Hikes Key Lending Rate by 10 bps From Feb 15, Know how it will Impact Borrowers
SBI is now offering 7% from 6.75% interest for FDs maturing between 2 years to less than 3 years and 6.5% from 6.25% on 3 years to less than 5 years.
Feb 15, 2023, 17:53 PM IST
SBI increases lending rate by 50 basis points post RBI's repo rate hike; Axis bank also raises interest rates on FDs
SBI has announced to hike lending rate by 50 basis points after RBI increased repo rate on Friday to 5.90%. Joining the league, Axis bank has also increased interest rates on FDs under Rs 2 crore.
Oct 02, 2022, 10:08 AM IST
SBI's Holi gift to its customers with 0.50% rate hike on FDs
The State Bank of India offered a Holi gift to its customers by increasing the interest rate given on fixed deposits.
Mar 01, 2018, 22:39 PM IST
Limited space for further cut in lending rate: SBI chief
Last week, the country's largest lender State Bank of India (SBI) reduced its lending rate for home and auto loans by 0.05 percentage point.
Nov 09, 2017, 14:23 PM IST
Only 6.25% interest on FD: SBI reduces term deposit rates by up to 0.50%
For two to less than three years deposits, SBI will offer a rate of 6.25 percent as compared to 6.75 percent earlier.
May 01, 2017, 13:17 PM IST
After SBI, PNB, Kotak Mahindra Bank cuts lending rate by up to 0.45%
A day after SBI slashed its rate offering steeply, country's fourth biggest private sector lender Kotak Mahindra Bank on Monday announced a cut of up to 0.45 percent in its lending rates.
Jan 02, 2017, 14:35 PM IST
State Bank of India cuts lending rate by 0.9% across maturities
State Bank of India, the country`s biggest lender by assets, said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.
Jan 01, 2017, 14:47 PM IST
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.
Sep 29, 2015, 16:03 PM IST
