The Economic Times

Higher EMIs ahead on SBI loans: State Bank of India revises lending interest rates; Check latest EBLR, RLLR and MCLR rates

In response to the recent uptick in the repo rate, State Bank of India has elevated its External Benchmark-linked Rates and the Repo Linked Lending Rate. As a result, borrowers can anticipate an increase in their equated monthly installment payments. However, the MCLR rates have only seen adjustments across various tenures, leaving overnight and one-month rates untouched.