Banks slash lending rates after RBI’s repo cut, pass relief to borrowers
Published on: Dec. 18, 2025, 1:58 p.m. | Source: CNBC TV18
Many public sector banks announced cuts to their lending benchmarks linked to the RBI's policy rate almost immediately. The biggest lender in the nation, State Bank of India (SBI), reduced its Repo Linked Lending Rate (RLLR) and External Benchmark Lending Rate (EBLR) by 25 basis points.
