SBI Home Loan Borrowers To Pay Lower EMIs From December 10
Business | Edited by Anshul | Monday December 9, 2019
SBI home loan EMIs: The move marked the eight consecutive reduction in MCLR by SBI so far this financial year.
SBI Home Loans Get Cheaper From Today, Details Here
Business | Edited by Anshul | Sunday November 10, 2019
SBI home loan rates: SBI's marginal cost-based lending rate or MCLR now stands at 8 per cent for the one-year tenor, down from 8.05 per cent earlier.
From November 10, SBI's New Lending Rates Will Come Into Force
Business | Edited by Sandeep Singh (with inputs from agencies) | Saturday November 9, 2019
MCLR or marginal cost-based lending rate is the interest rate at which most of State Bank of India's loans are linked.
SBI Steeply Slashes Deposit Rates; Lowers Lending Rates Marginally
Business | Press Trust of India | Friday November 8, 2019
With this reduction, the one year MCLR, to which most of its loan prices are linked, will come down to 8 per cent, the bank said in a statement.
SBI Home Loans Get Cheaper: Key Things To Know
Business | Edited by Anshul | Thursday October 10, 2019
SBIsaid the revision in MCLR is "in view of the festival season and extending the benefits to customers across all segments."
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 Cuts Interest Rates On Home Loans, Fixed Deposits
Business | Edited by Sandeep Singh | Monday September 9, 2019
SBI home loan interest rate: The move marked the fifth consecutive reduction in MCLR by the country's largest bank so far this financial year.
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 Home Loans Get Cheaper From Today
Business | Edited by Anshul | Saturday August 10, 2019
SBI home loans interest rates: SBI's revision of its marginal cost of funds-based lending rate (MCLR) came after the Reserve Bank of India's Monetary Policy Committee (MPC) slashed the repo rate by 35 basis points.
SBI Reduces Key Lending Rates, Home Loans To Get Cheaper: 10 Things To Know
Business | Written By Anshul | Wednesday August 7, 2019
SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...
SBI Home Loan Borrowers To Pay Lower EMIs From December 10
Business | Edited by Anshul | Monday December 9, 2019
SBI home loan EMIs: The move marked the eight consecutive reduction in MCLR by SBI so far this financial year.
SBI Home Loans Get Cheaper From Today, Details Here
Business | Edited by Anshul | Sunday November 10, 2019
SBI home loan rates: SBI's marginal cost-based lending rate or MCLR now stands at 8 per cent for the one-year tenor, down from 8.05 per cent earlier.
From November 10, SBI's New Lending Rates Will Come Into Force
Business | Edited by Sandeep Singh (with inputs from agencies) | Saturday November 9, 2019
MCLR or marginal cost-based lending rate is the interest rate at which most of State Bank of India's loans are linked.
SBI Steeply Slashes Deposit Rates; Lowers Lending Rates Marginally
Business | Press Trust of India | Friday November 8, 2019
With this reduction, the one year MCLR, to which most of its loan prices are linked, will come down to 8 per cent, the bank said in a statement.
SBI Home Loans Get Cheaper: Key Things To Know
Business | Edited by Anshul | Thursday October 10, 2019
SBIsaid the revision in MCLR is "in view of the festival season and extending the benefits to customers across all segments."
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 Cuts Interest Rates On Home Loans, Fixed Deposits
Business | Edited by Sandeep Singh | Monday September 9, 2019
SBI home loan interest rate: The move marked the fifth consecutive reduction in MCLR by the country's largest bank so far this financial year.
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 Home Loans Get Cheaper From Today
Business | Edited by Anshul | Saturday August 10, 2019
SBI home loans interest rates: SBI's revision of its marginal cost of funds-based lending rate (MCLR) came after the Reserve Bank of India's Monetary Policy Committee (MPC) slashed the repo rate by 35 basis points.
SBI Reduces Key Lending Rates, Home Loans To Get Cheaper: 10 Things To Know
Business | Written By Anshul | Wednesday August 7, 2019
SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...
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