SBI reduces home loan rates to 6.7%
The Hindu
The country’s largest lender State Bank of India (SBI) on March 1 said it has reduced interest rates on home loans by up to 10 basis points (bps) and is offering loans starting from 6.70% rate.
The new rates are based on loan amount and CIBIL score of the borrower, and are available till March 31, 2021, according to a statement.
More Related News

The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.












