SBI Reduces Key Lending Rates, Home Loans To Get Cheaper
Business | Anshul | Wednesday October 9, 2019
From October 10, the MCLR will stand reduced to 8.05 per cent for the one-year tenor, as against the existing 8.15 per cent, according to SBI's statement.
SBI Links Repo Rate With Floating Rate-Based Loans, Details Here
Business | Anshul | Tuesday October 1, 2019
Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.
SBI To Link Floating Rate Loans With Repo Rate: 10 Things To Know
Business | Edited by Anshul | Sunday September 29, 2019
State Bank of India (SBI), the country's largest bank, recently said that it would adopt the repo rate as external benchmark for all its floating rate-based loans from October 1. The change will impact floating rate loans for small businesses, home and retail loans, the bank said in a statement. Repo rate is the interest rate at which the Reserve B...
SBI To Link Floating Rate Loans With Repo Rate From October 1
Business | Edited by Sandeep Singh | Monday September 23, 2019
SBI floating rates: State Bank of India (SBI) said the change will impact floating rate loans for small businesses, home and retail loans. SBI also said it voluntarily extended the external benchmark-based lending to medium enterprises, in order to boost lending to the MSME (Ministry of Micro, Small and Medium Enterprises) sector.
SBI To Offer New Repo-Linked Home Loan Rates From September 1, Details Here
Business | Anshul | Friday August 30, 2019
SBI has a 2.25 per cent or 225 basis-pointmark-up over the repo rate, which is 5.40 per cent. Any changes in the RBI's repo rate will be reflected in State Bank of India's repo-linked lending rate, and passed on to the home loans.
Latest Interest Rates Charged By SBI On Loans, Other Details
Business | Edited by Anshul | Wednesday August 21, 2019
State Bank of India (SBI), the country's largest lender, has announced a slew of offers across different loan categories such as car loans, personal loans, education loans and home loans. The bank said it has waived processing fees on car loans. SBI is offering interest rate starting from 8.70 per cent to customers opting for car loans, the bank sa...
SBI Waives Processing Fee On Car Loans Ahead Of Festival Season
Business | Indo-Asian News Service | Tuesday August 20, 2019
SBI said it is offering the lowest interest rate starting 8.70 per cent on car loans, with no escalation in interest.
SBI Charges This Much Interest On Home Loans After Latest Change In Key Rate
Business | NDTV Profit Team | Friday July 12, 2019
SBI interest rate: The latest key lending rate, which took effect on Wednesday, was the third downward revision this financial year, according to SBI, the country's largest lender. SBI's one-year MCLR now stands at 8.40 per cent.
SBI's New Rules To Come Into Effect From May 1: Five Things To Know
Business | NDTV Profit Team | Saturday April 27, 2019
SBI will link its key pricing decision for savings bank deposits and short term loans to the repo rate of the Reserve Bank of India (RBI), with effect from May 1, 2019.
SBI Cuts Interest Rate on Car Loans for Women Borrowers
Business | Monday June 1, 2015
The bank is offering the concession under the 'Her Ghar Her Car' loyalty scheme.
SBI Reduces Short-Term Deposit Rates
Business | Wednesday October 1, 2014
State Bank of India (SBI) on Tuesday reduced short-term deposit rates by 1 percentage point for amount below Rs 1 crore the second such move by the countrys largest lender this month.
SBI cuts car, consumer goods loan rates
Business | Wednesday October 9, 2013
The decision to increase the quantum of capital infusion was taken at a meeting between Finance Minister P Chidambaram, RBI Governor Raghuram Rajan and Economic Affairs Secretary Arvind Mayaram.
Business | Wednesday March 6, 2013
State Bank of India (SBI) has ruled out any cut in its lending rates due to steep hike in the provisioning for restructured standard assets, a senior bank official said here today.
SBI Reduces Key Lending Rates, Home Loans To Get Cheaper
Business | Anshul | Wednesday October 9, 2019
From October 10, the MCLR will stand reduced to 8.05 per cent for the one-year tenor, as against the existing 8.15 per cent, according to SBI's statement.
SBI Links Repo Rate With Floating Rate-Based Loans, Details Here
Business | Anshul | Tuesday October 1, 2019
Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.
SBI To Link Floating Rate Loans With Repo Rate: 10 Things To Know
Business | Edited by Anshul | Sunday September 29, 2019
State Bank of India (SBI), the country's largest bank, recently said that it would adopt the repo rate as external benchmark for all its floating rate-based loans from October 1. The change will impact floating rate loans for small businesses, home and retail loans, the bank said in a statement. Repo rate is the interest rate at which the Reserve B...
SBI To Link Floating Rate Loans With Repo Rate From October 1
Business | Edited by Sandeep Singh | Monday September 23, 2019
SBI floating rates: State Bank of India (SBI) said the change will impact floating rate loans for small businesses, home and retail loans. SBI also said it voluntarily extended the external benchmark-based lending to medium enterprises, in order to boost lending to the MSME (Ministry of Micro, Small and Medium Enterprises) sector.
SBI To Offer New Repo-Linked Home Loan Rates From September 1, Details Here
Business | Anshul | Friday August 30, 2019
SBI has a 2.25 per cent or 225 basis-pointmark-up over the repo rate, which is 5.40 per cent. Any changes in the RBI's repo rate will be reflected in State Bank of India's repo-linked lending rate, and passed on to the home loans.
Latest Interest Rates Charged By SBI On Loans, Other Details
Business | Edited by Anshul | Wednesday August 21, 2019
State Bank of India (SBI), the country's largest lender, has announced a slew of offers across different loan categories such as car loans, personal loans, education loans and home loans. The bank said it has waived processing fees on car loans. SBI is offering interest rate starting from 8.70 per cent to customers opting for car loans, the bank sa...
SBI Waives Processing Fee On Car Loans Ahead Of Festival Season
Business | Indo-Asian News Service | Tuesday August 20, 2019
SBI said it is offering the lowest interest rate starting 8.70 per cent on car loans, with no escalation in interest.
SBI Charges This Much Interest On Home Loans After Latest Change In Key Rate
Business | NDTV Profit Team | Friday July 12, 2019
SBI interest rate: The latest key lending rate, which took effect on Wednesday, was the third downward revision this financial year, according to SBI, the country's largest lender. SBI's one-year MCLR now stands at 8.40 per cent.
SBI's New Rules To Come Into Effect From May 1: Five Things To Know
Business | NDTV Profit Team | Saturday April 27, 2019
SBI will link its key pricing decision for savings bank deposits and short term loans to the repo rate of the Reserve Bank of India (RBI), with effect from May 1, 2019.
SBI Cuts Interest Rate on Car Loans for Women Borrowers
Business | Monday June 1, 2015
The bank is offering the concession under the 'Her Ghar Her Car' loyalty scheme.
SBI Reduces Short-Term Deposit Rates
Business | Wednesday October 1, 2014
State Bank of India (SBI) on Tuesday reduced short-term deposit rates by 1 percentage point for amount below Rs 1 crore the second such move by the countrys largest lender this month.
SBI cuts car, consumer goods loan rates
Business | Wednesday October 9, 2013
The decision to increase the quantum of capital infusion was taken at a meeting between Finance Minister P Chidambaram, RBI Governor Raghuram Rajan and Economic Affairs Secretary Arvind Mayaram.
Business | Wednesday March 6, 2013
State Bank of India (SBI) has ruled out any cut in its lending rates due to steep hike in the provisioning for restructured standard assets, a senior bank official said here today.
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