Tag: #SBI Home Loan

SBI increases MCLR-based lending rates by 10 bps to 7.95–8.70%

February 16, 2023

MUMBAI: State Bank of India, the largest lender in the country, on Wednesday slightly raised the short-term lending rates spanning overnight to three-year maturities by 10 basis points (bps), effective immediately. Despite the fact that banks have nearly fully passed through the 250 basis point interest rate increases made by the Reserve Bank since last […]

SBI increases MCLR-based lending rates by 10 bps to 7.95–8.70%more
SBI

SBI’s home loan book has surpassed Rs 6 lakh crore.

October 13, 2022

MUMBAI: The country’s largest lender, State Bank, announced on Wednesday that its home loan book has surpassed Rs 6 lakh crore, making it the industry’s largest. To commemorate the occasion, the bank also announced a holiday promotion for home loan buyers, which includes a 25 basis point discount on interest rates starting at 8.40% and […]

SBI’s home loan book has surpassed Rs 6 lakh crore.more