After the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points last week, many major banks started passing on the benefit to borrowers. Now State Bank of India ( SBI ) has also joined ranks, cutting its lending rates. The PSU bank has announced interest rate cuts across its lending rate benchmarks, including MCLR, EBLR, RLLR. SBI has also revised its BPLR and base rate. These reductions will directly ease borrowing costs and are expected to bring down EMIs for retail and corporate customers.

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Also read: S BI cuts FD interest rates from December 15, 2025; Check latest FD interest rates, Amrit Vrishti’s revised rates

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