Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Lending rates to fall by 30 bps after RBI policy rate cut
The Business Guardian
|June 08, 2025
Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI).
The report highlighted that the immediate impact will be seen on loans linked to the external benchmark lending rate (EBLR), which make up about 60 per cent of the loan book of All Scheduled Commercial Banks (ASCBs).
SBI said "The steep cut on policy rates is expected to pass on to the EBLR linked loan book immediately with ASCB share of 60 per cent. Thus immediate impact on average lending rate could be around 30".
The report said the sharp policy rate cut will quickly pass through to the EBLR-linked loans, lowering borrowing costs for many customers.
This story is from the June 08, 2025 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
Real-time payments growth to slow to 4%: BCG
Real-time A2A payments are gaining critical mass, and their growth is likely to moderate at 4 per cent annually over the next five years, noted a research report by Boston Consulting Group (BCG).
2 mins
September 23, 2025
The Business Guardian
GST reform, a transformative step towards Aatm Nirbharta: Ministry of Coal
The Ministry of Coal has welcomed the decisions taken at the 56th meeting of the GST Council held in New Delhi, which have brought significant changes to the taxation structure of the coal sector.
2 mins
September 23, 2025
The Business Guardian
CM REKHA ASKS KEJRIWAL TO STOP WATCHING REELS, FOCUS ON PUNJAB
Delhi CM Rekha Gupta tells Kejriwal to prioritize Punjab flood relief efforts.
1 min
September 23, 2025
The Business Guardian
IPSA Leads in India with QCO-Ready Hinges and Drawer Slides
IPSA Business India Pvt Ltd today announced that it is among the first hardware brands in India to actively prepare for Quality Control Order (QCO) compliance in cabinethingesand drawer slides.-The company aligns with BIS, EN, and ISO standards in line with the Government of Indias
1 min
September 23, 2025
The Business Guardian
US exports may drop as full 50% tariffs start in September: GTRI
India’s exports to the United States are showing signs of further decline as September marks the first full month under 50 per cent tariffs on key products, according to a report by GTRI.
1 min
September 23, 2025
The Business Guardian
GST exemption...
GST exemption...
1 mins
September 23, 2025
The Business Guardian
CM Rekha gets her health checked at AIIMS health camp
A mega health camp was organized at AIIMS, Delhi, under the “Swasth Nari, Sashakt Parivar Abhiyan” campaign.
1 min
September 23, 2025
The Business Guardian
GIBF Organises grand India-Africa Business Conclave in Pune
The 3rd edition of the India-Africa Business conclave was held at the Grand Heritage Resorts in Pune.
1 min
September 23, 2025
The Business Guardian
Nifty down, Sensex loses 300 points in opening
Indian stock markets opened lower on Monday as volatility increased after the Trump administration in the US announced significant changes in the H-1B visa policy.
1 min
September 23, 2025
The Business Guardian
Fuel your Navratri fast with these energizing and hydrating drinks
Navratri is a time of spiritual renewal, celebration, and sattvik (pure) living. While food often gets the spotlight during fasting, beverages also play an essential role in keeping you hydrated, energized, and refreshed through the nine auspicious days. With temperatures still soaring in many parts of India during early Navratri, especially in Rajasthan and northern states, staying cool is vital.
3 mins
September 23, 2025
Listen
Translate
Change font size