State Bank of India reduced its lending rates by 50 basis points, effective June 15, 2025, lowering RLLR to 7.75% and EBLR to ...

Major Indian banks including State Bank of India, HDFC Bank, and ICICI Bank will reduce savings account interest rates in ...

The country’s largest lender State Bank has slashed the interest rate on savings bank deposits by a hefty 25-50 bps to 2.5% ...

After the latest interest rate revision, SBI offers 2.5 percent interest on savings accounts. On fixed deposits (FD), SBI now ...

With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 50 basis points to 7.75 per ...

SBI cuts interest rates on savings and term deposits, prompting other banks to follow suit, effective from June 14th.

SBI has reduced fixed deposit interest rates across all maturities. The cuts range between 5–75 bps depending on the tenure.

The move follows similar rate cuts by other major banks such as HDFC Bank and ICICI Bank in recent days, triggered by the Reserve Bank of India’s decision to reduce the repo rate by 50 basis points in ...

State Bank of India (SBI) has lowered its savings bank account interest rate to 2.5% across all balances, effective June 15, ...

They have no option but to cut savings and term deposit rates. But if they do so, they run the risk of not having enough when ...

SBI cuts fixed deposit and savings account interest rates.Find out what's applicable for you basis the period and criteria you decide.

With the Reserve Bank slashing the key lending rate by 100 bps to 5.5% since February, the cost of funds in general, ...