scorecardresearchHome Loan EMIs Set To Rise: SBI raises benchmark lending rates by up to 50 basis points

Home Loan EMIs Set To Rise: SBI raises benchmark lending rates by up to 50 basis points

Updated: 16 Aug 2022, 08:44 AM IST
TL;DR.
The increase in lending rate comes days after the Reserve Bank of India hiked its benchmark lending rate by 50 basis points to tame inflation.
New Delhi: State Bank of India Chairman Dinesh Kumar Khara interacts with Bank of Baroda MD & CEO Sanjiv Chadha during Finance Ministry's Annual Review Meeting of the MD and CEOs of Public Sector Banks (PSBs), in New Delhi, Monday, June 20, 2022. (PTI Photo/Manvender Vashist) (PTI06_20_2022_000127A)

New Delhi: State Bank of India Chairman Dinesh Kumar Khara interacts with Bank of Baroda MD & CEO Sanjiv Chadha during Finance Ministry's Annual Review Meeting of the MD and CEOs of Public Sector Banks (PSBs), in New Delhi, Monday, June 20, 2022. (PTI Photo/Manvender Vashist) (PTI06_20_2022_000127A)