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State Bank of India cuts interest rate by 25 bps

Millennium Post Delhi

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Delhi 15 April 2025

The Repo Linked Lending Rate of SBI would come down to 8.25 per cent

State Bank of India cuts interest rate by 25 bps

NEW DELHI: The country's largest lender State Bank of India (SBI) has reduced its lending rate by 25 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 25 basis points to 8.25 per cent.

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