Indian banking sector
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.
Finance Minister Nirmala Sitharaman Announces Plans for World-Class Banking Institutions in India
Nov 06, 2025 08:46 pm CST
Finance Minister Nirmala Sitharaman has outlined the government's vision for creating world-class banking institutions in India, confirming ongoing discussions with the Reserve Bank and financial sector leaders. The initiative comes amid continued banking consolidation efforts and the strategic divestment of IDBI Bank, as India aims to strengthen its financial infrastructure while expanding credit flow to support industrial growth.
RBI Increases IPO Loan Limit to Rs 25 Lakh and Eases Banking Regulations to Boost Credit Access
Oct 01, 2025 03:45 pm CST
The Reserve Bank of India has implemented significant reforms to enhance credit accessibility, including raising IPO financing limits to Rs 25 lakh per person, allowing banks to finance corporate acquisitions, and increasing lending limits against shares to Rs 1 crore. These changes aim to stimulate infrastructure development and overall economic growth while giving banks until 2027 to adapt to new regulatory frameworks.