SBI cuts external benchmark rate by 25 bps, home loans to become cheaper
Updated : December 30, 2019 10:01 AM IST
The move will reduce SBI's external benchmark rate to 7.8 percent per annum from 8.05 percent previously.
The bank said its new home loans will offer interest rates starting from 7.9 percent from January 1, compared to 8.15 percent earlier.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more