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SBI Cuts Interest Rates by 50 bps

June 17, 2025

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Mint Hyderabad

India's biggest lender, State Bank of India (SBI), has reduced its lending rate by 50 basis points following the Reserve Bank of India's (RBI's) policy rate cut, making loans cheaper for both existing and new borrowers.

With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 50 basis points to 7.75%.

المزيد من القصص من Mint Hyderabad

Mint Hyderabad

Tata Group units explore bond sales

Two of India's Tata Group infrastructure units are set to return to the corporate bond market in the coming days, after more than 15 months, two merchant bankers said on Tuesday.

time to read

1 min

June 10, 2026

Mint Hyderabad

Starlink launch in India runs into a security roadblock

India has effectively frozen approvals for Elon Musk’s space-based internet service Starlink to begin commercial operations, due to concerns over the use of its satellite terminals in the Iran war, according to people familiar with the matter.

time to read

1 min

June 10, 2026

Mint Hyderabad

India’s retail inflation likely rose to 4.1% in May: Mint poll

India’s retail inflation likely rose to 4.1% in May from 3.8% in April, slightly above the Reserve Bank of India’s 4% medium-term target, as prices of key food items and fuel products climbed during the month, according to the median estimate of 16 economists polled by Mint.

time to read

1 min

June 10, 2026

Mint Hyderabad

Vedanta readies $5.2 bn refinancing

Billionaire Anil Agarwal's Vedanta Resources Ltd is set to refinance $5.2 billion of US dollar bonds and loans, according to people familiar with the matter, as it seeks to lower borrowing costs by replacing expensive debt after securing credit-rating upgrades.

time to read

1 min

June 10, 2026

Mint Hyderabad

Zepto leans on advertising revenue to keep prices low

The quick-commerce firm saw its advertising revenue surge 151% on-year to ₹1,636 cr in FY26

time to read

2 mins

June 10, 2026

Mint Hyderabad

Mint Hyderabad

Carmaker caution a drag on engineering services firms

Three of the four largest ER&D firms posted slowest yearly revenue growth in at least 5 years

time to read

2 mins

June 10, 2026

Mint Hyderabad

Mint Hyderabad

AI can help diplomats analyse a crisis but can't broker peace

Human insights and soft skills are crucial to diplomatic outcomes

time to read

3 mins

June 10, 2026

Mint Hyderabad

For Kerala realty, West Asia is a double-edged sword

The West Asia war has had a polarizing impact on Kerala’s realty market, with homebuyer enquiries rising even as construction cost, supply-chain disruptions and project delays mount.

time to read

2 mins

June 10, 2026

Mint Hyderabad

Mint Hyderabad

WHY INVESTORS SHOULD IGNORE THE AI HYPE—AND EMBRACE THE TECHNOLOGY

Every morning, before I open a newspaper, I read a briefing that no editor commissioned and no publication will ever print: a personal investment bulletin I built inside an AI tool, teaching it what to watch, what to ignore and how to talk to me.

time to read

3 mins

June 10, 2026

Mint Hyderabad

US strikes Indian tanker possibly bound for Iran

The US military struck an Indian tanker for its alleged involvement in the Iranian oil trade

time to read

1 mins

June 10, 2026

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