Major Cheer For SBI Loan Borrowers, Bank Cuts Lending Rates --Check SBI Loan Rate June 2025
Tuesday, 17 June 2025 () SBI has reduced EBLR and RRLR by 50 basis points, the Marginal Cost of Funds Based Lending Rate (MCLR) though remains unchanged.
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
State Bank of India reduced its lending rates by 50 basis points, effective June 15, 2025, lowering RLLR to 7.75% and EBLR to 8.15%. Fixed deposit rates for... IndiaTimes
Tuesday, 17 June 2025 ()
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
