SBI has announced that it is reducing External Benchmark-Based Lending Rate (EBLR) by 25 bps effective from 15 February 2025.
After the RBI cut its repo rate by 25 bps to 6.25%, major banks have followed suit, lowering home loan rates and offering borrowers relief with reduced EMIs or shorter tenures.
In an interview with Teena Jain Kaushal, the Managing Director and CEO of Aditya Birla Housing Finance, Pankaj Gadgil ...
Just six days after Union Budget 2025-26 was presented and nearly five years after its last such decision, the Monetary ...
Floating rate retail loans like home loans are becoming cheaper due to banks adjusting rates after RBI's repo rate cut.
In the RBI's Monetary Policy Committee (MPC) meeting held between February 05 to February 07, 2025, the members unanimously ...
Despite the rate cuts, SBI has left its Marginal Cost of Funds-Based Lending Rate (MCLR), Base Rate, and Benchmark Prime ...
One key takeaway from Union 2025 presented by FM Nirmala Sitharaman and the rate cut by the RBI is a congruence of focus on ...
State Bank of India (SBI) has reduced its home loan rate by 25 bps to 8.25% and EBLR to 8.90%, following RBI's 25 bps repo ...
At the NABARD State Credit Seminar in Aizawl, Mizoram Chief Minister Lalduhoma unveiled the State Focus Paper 2025-26. The ...