EMIs to Fall as SBI Cuts Lending Rate After Rajan's Tough Talk | Read
PUBLISHED ON: April 7, 2015 | Duration: 2 min, 15 sec
The country's biggest lender State Bank of India or SBI cut its base rate, or minimum lending rate, by 0.15 per cent to 9.85 per cent, after Reserve Bank of India (RBI) chief Raghuram Rajan on Tuesday pushed banks to lower their lending rates.
