SBI Raises Benchmark Lending Rates by 25 Basis Points
State Bank of India raised benchmark lending rates by 25 basis points, effective Oct. 15, 2026, increasing borrowing costs for home loan customers whose rates are linked to the benchmarks.
New Delhi, Oct. 16 -- State Bank of India (SBI) has increased its benchmark lending rates by 25 basis points (bps), raising borrowing costs for home loan customers whose interest rates are linked to these benchmarks.The revision, effective 15 October 2026, increases the External Benchmark Linked Ra…