The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...

The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...

has recently announced a reduction in its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) for various loans, including home loans. The revised lending rates will ...

all those retail and small business loans linked the to external benchmark—repo rate—come down or go up automatically when the RBI changes the repo rate. In a posting on its home page late ...

A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...

SBI cuts home loan rate: Following the decision of the Reserve Bank of India (RBI) announcement to cut repo rates by 25 basis points (bps), the State Bank of India (SBI) - the country's largest ...

They are instead linked to the EBLR, or external benchmark-based lending rate, which is linked to benchmarks like the RBI repo rate, and is used to price loans. While banks said they will lower ...

The repo rate is the rate at which the RBI lends to commercial banks. When the repo rate is cut, banks are able to borrow at cheaper rates, theoretically allowing them to transfer the gains to ...