State Bank of India (SBI) has been one of the earliest banking entities in the country to jump onto the repo rate linked loan bandwagon and with good effect too! After all, the Reserve Bank of India (RBI) has already cut repo rates to the tune of 110 basis points this year and secondly, it […]
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SBI to introduce repo-rate linked home loan product
SBI (State Bank of India) has reportedly confirmed the introduction of a home loan product that will be tied to the repo rate from the 1st of July, 2019. The bank has stated that home loans that will be offered likewise to customers will be priced at approximately 2.65% more than the repo rate which […]
