SBI Reduces Lending Rates by 25 Basis Points Following RBI Policy Cut: What Borrowers Need to Know

Dec 13, 2025 12:05 pm CST

State Bank of India has announced a 25 basis point reduction in its lending rates effective December 15, 2025, following the Reserve Bank of India's policy rate cut. This change will lower the EBLR to 7.90% and MCLR by 5 basis points across all tenures, making loans more affordable for both existing and new borrowers. Indian Overseas Bank has also implemented similar rate cuts, benefiting retail, MSME, and corporate customers.