SBI Slashes Lending and Deposit Rates Following Repo Cut

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(SBI) has reduced its lending rates by 25 basis points, effective April 15, 2025. The Repo Linked Lending Rate (RLLR) now stands at 8.25%, while the External Benchmark Based Lending Rate (EBLR) is down to 8.65%. Deposit rates have also been lowered by 10-25 bps across multiple tenures.