New Delhi: The country's largest lender State Bank of India (SBI) has reduced its lending rate by 25 basis points, following the Reserve Bank's policy rate cut, making loans cheaper for existing and new borrowers.

With the latest round of reduction, the External Benchmark Linked Rate (EBLR) of SBI will come down by 25 basis points to 7.90 per cent.

The revised rates come into effect from December 15, 2025, SBI said in a statement.

The rate reduction is in response to last week's RBI's decision to slash the key interest rate by 25 basis points for the fourth time this year to support growth.

The bank has also slashed the Marginal Cost of Funds-Based Lending Rate (MCLR ) across all tenures by 5 basis points. With the revision, the one-year maturity MCLR will fall to 8.70 per cent from th

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