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SBI cuts loan rates by 50 bps, deposits by 25 bps

The Morning Standard

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June 15, 2025

The country's largest lender, State Bank of India (SBI), has joined its peers slashing the lending rates by 50 bps (both for existing repo-linked loans and new borrowers) and the pricing on the special deposit scheme by 25 bps, effective June 15.

- ENS ECONOMIC BUREAU @New Delhi

SBI cuts loan rates by 50 bps, deposits by 25 bps

THE country's largest lender, State Bank of India (SBI), has joined its peers slashing the lending rates by 50 bps (both for existing repo-linked loans and new borrowers) and the pricing on the special deposit scheme by 25 bps, effective June 15.

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