Last Updated: Tuesday, June 2, 2015, 19:50
The nation's largest lender State Bank of India Tuesday reduced its base rate by 15 basis points after the RBI cut repo rate by 25 basis points.
Last Updated: Tuesday, June 2, 2015, 18:27
India's largest bank, the State Bank of India on Tuesday cut its base lending rates by 0.15 percent to 9.70 percent, to be effective from June 8.
Last Updated: Tuesday, April 7, 2015, 19:09
Nudged by RBI, country's biggest bank SBI Tuesday cut base lending rate by 0.15 percentage point to 9.85 percent, becoming the first major lender to ease the rate in many months.
Last Updated: Tuesday, April 7, 2015, 18:37
State Bank of India on Tuesday cut its lending rate by 15 basis points to 9.85 percent effective April 10.
Last Updated: Wednesday, November 6, 2013, 20:04
Days after RBI hiked policy rate, country's largest lender State Bank of India (SBI) on Wednesday raised its lending rate by 0.20 percent to 10 percent, a move that is likely to be followed by other banks.
Last Updated: Monday, August 12, 2013, 22:18
SBI Chairman Pratip Chaudhuri Monday said the bank's reliance on sticky savings and long-tenor fixed deposits makes it comfortable to hold on to lending rates, which are the lowest in the system.
Last Updated: Thursday, August 8, 2013, 17:48
In what may come as a relief to borrowers, State Bank of India (SBI) Thursday said it is not considering an increase in lending rates even though some private lenders have resorted to that step.
Last Updated: Tuesday, July 16, 2013, 20:19
Country's largest bank SBI on Tuesday ruled out increasing its lending rates following the Reserve Bank's move to hike short-term borrowing costs as part of a slew of steps to support the falling rupee.
Last Updated: Wednesday, July 3, 2013, 19:05
The country's largest lender, State Bank of India (SBI), Wednesday ruled out the possibility of cutting its minimum lending rate or base rate, saying it was the lowest in the market.
Last Updated: Monday, May 6, 2013, 19:34
State Bank of India (SBI) Monday ruled out any immediate cut in lending rates even as the Reserve Bank had reduced policy rate by 0.25 percent earlier this week.
Last Updated: Wednesday, November 7, 2012, 22:16
SBI last reduced the base rate or the minimum lending rate in September this year. The base rate of SBI is presently pegged at 9.75 percent.
Last Updated: Thursday, November 1, 2012, 21:45
State Bank of India (SBI) has ruled out any cut in its lending rates due to steep hike in the provisioning for restructured standard assets, a senior bank official said here Thursday.
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