SBI raises lending rates after RBI repo rate hike
SBI raises lending rates after RBI repo rate hike — State Bank of India has increased its lending rates by 0.10% to 0.25% across tenures, effective immediately. This follows the RBI's recent 60 bps repo rate hike, making home, auto, and personal loans costlier. Borrowers with floating-rate loans will see EMI increases starting next month.
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