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SBI Reduces Interest Rates by Up to 50 bps
The Free Press Journal - Mumbai
|June 17, 2025
The country's biggest lender, State Bank of India (SBI), has reduced its lending rate by 50 basis points following the Reserve Bank'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 per cent.
Cette histoire est tirée de l'édition June 17, 2025 de The Free Press Journal - Mumbai.
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