Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

SBI Kicks Off With a 0.15% Cut in Base Rates. Will Others Follow?

The State Bank of India is cutting its base rate down by 0.15%, finally. Their new base rate is 9.85%.

The base rate is the rate at which all bank loans are marked, so every single floating rate loan will see a drop in interest rates. This applies to:

Home loans (both new and existing) will see a drop Loans by corporates that are linked . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial