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Lending rates likely to fall by 30 bps after policy rate cut: SBI
The Political and Business Daily
|June 08, 2025
LENDING rates are expected to drop by about 30 basis points (bps) after the recent cut in policy rates, according to a new SBI report.
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This change will be felt most immediately in loans linked to the External Benchmark Lending Rate (EBLR), which account for around 60 per cent of all loans given by Scheduled Commercial Banks (ASCBs), as per the data compiled by State Bank of India (SBI) Research said.
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