State Bank of India (SBI) reduced interest rates on new retail and business loans tied to external benchmarks, following the RBI's repo rate cut. Home loan rates now range from 8.25% to 9.2% based ...

The nation’s largest lender State Bank of India (SBI) has joined its peers in reducing interest rates on new retail and business loans tied to external benchmarks to the tune of 15-25 bps.

Retail credit growth of banks slowed sharply to 12% in January 2025, down from 29% in January last year, driven by weaker growth in personal loans. Growth in other personal loans, which include ...

Floating rate retail loans such as home loans and mortgage ... RBI’s Monetary Policy Committee (MPC). Banks such as State Bank of India, Punjab National Bank, Bank of Baroda, Union Bank of ...

Mumbai: SBI has launched a collateral-free SME loan for women entrepreneurs ... Vinay Tonse, MD - retail banking & operations, said, “SBI has been pioneering digital initiatives for the Nari ...

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 ...

Home loan rates: State Bank of India (SBI), India's largest lender ... Since October 2019, banks have been required to link their retail loans to external benchmark lending rates, with many ...

Among retail loans, the express credit segment is SBI's second largest after housing loans, accounting for 23.8% of retail loans and 8.5% of total bank advances as of December. The high-yield and ...

The gold loan portfolio of banks continued to show strong off-take with 76 per cent year-on-year (Y-o-Y) growth in January 2025 amid moderation in retail credit — especially in the unsecured ...

Dividend Stocks 2025: SBI Cards and Payment Services Ltd share price remains in focus on ... Additionally, the percentage of bad loans, or net non-performing assets, rose from 0.96 percent at ...

The SBI Short Term Debt Fund Retail Plan Growth has an AUM of 13522.75 crores & has delivered CAGR of 5.88% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.85%.