SBI Lending Rate Archives

Good News For SBI Customers: Public Lender Cuts MCLR Rates, Easing EMI Burden

DainikNews Live Admin12 months ago05 mins

Last Updated:August 16, 2025, 09:00 is SBI and Indian Overseas Bank have reduced their MCLR rates effective August 15, 2025. SBI’s one-year MCLR is now 8.75%. SBI revises MCLR rate from Aug 15. SBI Cuts MCLR Rate: The State Bank of India (SBI), the country’s largest lender, has announced a 5 basis points (bps) reduction…

SBI Hikes Loan Interest Rates By 10 BPS Across All Tenors From THIS Date

DainikNews Live Admin2 years ago03 mins

New Delhi: State Bank of India (SBI), India’s largest state-run bank has announced a hike in loan interest rates by 10 basis points across all tenors. This change, effective from August 15, 2024 will affect the Marginal Cost of Funds Based Lending Rate (MCLR), leading to a slight increase in borrowing costs for SBI customers….