SBI Cuts Lending Rates by 0.25%, Effective December 15

New Delhi, 13 December (Udaipur Kiran) – State Bank of India (SBI), the largest public sector bank, has reduced its lending rate by 0.25 percent following the Reserve Bank of India’s (RBI) cut in the policy repo rate. This reduction makes loans cheaper for both existing and new borrowers. The new interest rates will come into effect from 15 December 2025.

In an official statement, SBI announced a 0.25 percent decrease in its interest rates. With this reduction, the bank’s External Benchmark Lending Rate (EBLR) will fall to 7.90 percent from the previous rate. This move aligns with RBI’s recent 0.25 percent cut in the repo rate this month.

Additionally, SBI has lowered the Marginal Cost of Funds-Based Lending Rate (MCLR) by 0.05 percent across all tenures. As a result, the bank’s one-year maturity MCLR will decrease from 8.75 percent to 8.70 percent. Similarly, other one-year maturity rates will drop by 0.05 percent to 8.75 percent and 8.80 percent respectively, making borrowing costs more affordable.

(Udaipur Kiran)

Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.

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