State Bank of India has announced reductions across both its External Benchmark Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR), effective December 15, 2025. SBI’s EBLR has been lowered from 8.15% plus Credit Risk Premium (CRP) and Bank Spread (BSP) to 7.90% plus CRP and BSP, reflecting a 25-basis-point cut in the benchmark component.Similarly, SBI’s RLLR, which is directly tied to the RBI’s repo rate, has been reduced from 7.75% plus CRP to 7.50% plus CRP. The final interest rate for borrowers will ...

State Bank of India (Canara Bank trims RLLRCanara Bank has cut its Repo Linked Benchmark Lending Rate (RLLR) by 25 basis points, bringing it down from 8.25% to 8%. The revised rate, which came into effect on December 12, 2025, directly mirrors the RBI’s repo rate reduction. Existing borrowers with loans linked to RLLR are soon to see a reduction in their EMIs or the loan tenure, depending on the terms of their loan agreement.Also read: PNB cuts RLLRPunjab National Bank has also announced a cut in its Repo L ...

Also read: SSBI latest MCLRSBI has revised its Marginal Cost of Funds-based Lending Rate (MCLR) across various tenors, effecting a modest reduction for borrowers. The overnight and one-month MCLR rates have been cut from 7.90% to 7.85% each, while the three-month rate has been trimmed from 8.30% to 8.25%. The six-month MCLR now stands at 8.60% compared to 8.65% earlier. Longer tenors have also seen similar reductions: the one-year benchmark, which is widely used for most retail loans, has been lowered from ...