SBI reduces interest rates by up to 50 bps after RBI rate action

The Hindu BusinessLine

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Please find more details at The Hindu BusinessLine

Summary

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. It has also reduced the External Benchmark Based Lending Rate (EBLR) by similar basis points to 8.15 per cent from 8.65 per cent earlier.

Source: The Hindu BusinessLine

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