SBI’s personal banking advances cross ₹5 lakh-cr mark; stock nears 1-year high
2 years ago

SBI’s personal banking advances cross ₹5 lakh-cr mark; stock nears 1-year high

Live Mint  

Largest lender in India, SBI has touched a new milestone in personal banking advances by crossing the ₹5 trillion mark by end of November 2022. The first time SBI struck a ₹1 trillion mark in personal banking advances was in January 2015. In a matter of 12 months, SBI has managed to clock ₹5 trillion mark in personal banking advances. SBI's personal banking advances mainly comprise personal loans, pension loans, auto loans, education loans, P-Gold loans, and other personal loan products.

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History of this topic

SBI loan disbursements in Telangana race past ₹10,000 cr. in current fiscal
1 week ago

SBI loan disbursements in Telangana race past ₹10,000 cr. in current fiscal

The Hindu  

State Bank of India home and home-related loan disbursements this fiscal in Telangana raced past the ₹10,000 crore mark in the eight months ended November, SBI Hyderabad Circle said on Monday. Besides home loan, SBI has a wide range of related products such as personal loan against property ; home loan top-up; Maxgain -Hybrid; and NRI home loan which are …

SBI set to borrow $1.25 billion, India’s largest dollar-denominated bank loan in 2024; details here
1 month, 1 week ago

SBI set to borrow $1.25 billion, India’s largest dollar-denominated bank loan in 2024; details here

Live Mint  

The State Bank of India, India's largest public sector bank, is planning to raise up to $1.25 billion, marking the biggest dollar-denominated loan in the country's financial sector. Dollar loan volume declines The report said that despite these loans, India's dollar loan volume has declined 27 per cent to $14.2 billion this year due to the absence of large company …

At India’s largest bank, all eyes on premium customers
1 month, 2 weeks ago

At India’s largest bank, all eyes on premium customers

Live Mint  

Mumbai: State Bank of India may be taking the higher road as it joins the scramble for customer funds without resorting to a rate war, but its outlook signals an extended industry struggle for deposit growth. India’s largest bank on Friday tempered its guidance on deposit growth to 10-11% from 12-13% for 2024-25 as customers might have now found more …

SBI Dismisses Concerns About Flagging In Banking Sector's Deposit Growth
4 months ago

SBI Dismisses Concerns About Flagging In Banking Sector's Deposit Growth

News 18  

State Bank of India, India’s largest lender and public sector bank, in its report, has dismissed the concerns about the flagging in the banking sector’s deposit growth. The report highlighted that in the Financial Year 23, the banking sector, particularly All Scheduled Commercial Banks, registered the highest absolute growth in both deposits and credit since 1951-52. Meanwhile, the credit expanded …

SBI Hikes MCLR by 10 Basis Points, Third Consecutive Increase
4 months, 1 week ago

SBI Hikes MCLR by 10 Basis Points, Third Consecutive Increase

Deccan Chronicle  

Mumbai: The country’s largest lender State Bank of India has raised its Marginal Cost of Funds-based Lending Rate by 10 basis points across all tenors impacting largely some old individual borrowers or companies whose loans are still linked to MCLR. According to Vipul Patel, founder, of Mortgageworld, a home loan advisory company, “While new borrowers have their loan rates linked …

SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here
4 months, 1 week ago

SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here

News 18  

State Bank of India, India’s largest lender, has raised its marginal cost of funds-based lending rate by 10 basis points. SBI Revised MCLR Rates SBI’s overnight MCLR has increased from 8.10% to 8.20%. The changes in MCLR rates are as follows: Impact On Loans The interest rates on loans are also likely to rise by a similar measure, and EMIs …

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?
4 months, 1 week ago

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?

India TV News  

The State Bank of India, the largest state-owned bank in India, has announced an increase in its lending rates by 10 basis points across tenors, effective from August 15, 2024. Introduced in April 2016 as a replacement for the base rate system, the MCLR is used as a benchmark for setting lending rates unless specific exceptions are approved by the …

SBI Q1 2024-25 results: Net profit up 5.04%, net NPAs down by 6.26%, ₹25,000 crore bond fundraise approved
4 months, 3 weeks ago

SBI Q1 2024-25 results: Net profit up 5.04%, net NPAs down by 6.26%, ₹25,000 crore bond fundraise approved

Hindustan Times  

State Bank of India Ltd has announced its first quarter results for the financial year 2024-25 on Saturday, August 3, 2024 and its board has also approved a ₹25,000 crore fundraising through bonds. SBI recorded a net profit of ₹19,680.80 crore in Q1 2024-25, an increase of 5.04% or ₹944.85 crore, compared to ₹18,735.95 crore during Q1 2023-24 or the …

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details
5 months, 1 week ago

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details

India TV News  

SBI loan: Taking a loan from the State Bank of India, the country's largest public sector bank, has become more costly today. It's important to note that EMIs for personal and auto loans linked to the MCLR will rise, while home loans tied to the repo rate will remain unchanged. SBI's new interest rates SBI has increased the one-month MCLR …

SBI to monetise subsidiaries after scaling up their businesses: Chairman Khara
6 months, 1 week ago

SBI to monetise subsidiaries after scaling up their businesses: Chairman Khara

Hindustan Times  

SBI Chairman Dinesh Kumar Khara has said the lender would wait for its subsidiaries like SBI General Insurance and SBI Payment to further scale up their operations before monetising them. During the financial year 2023-24, the bank infused additional capital of ₹489.67 crore in SBI General Insurance Company Ltd. SBI General Insurance reported a 30.4% rise in net profit to …

SBI Share price: State Bank of India’s stocks surge to all-time high, market cap crosses ₹8 lakh crore
6 months, 3 weeks ago

SBI Share price: State Bank of India’s stocks surge to all-time high, market cap crosses ₹8 lakh crore

The Hindu  

The market capitalisation of the State Bank of India crossed the ₹8 lakh crore mark on June 3 after the bank's shares surged to a record high of ₹907. Finance Minister Nirmala Sitharaman has recently posted on social media that India's banking sector has achieved a significant milestone by recording its highest-ever net profit, exceeding ₹3 lakh crore. In the …

SBI Q3 net slips 35% on wages, pension
10 months, 2 weeks ago

SBI Q3 net slips 35% on wages, pension

The Hindu  

State Bank of India reported third quarter net profit plunged 35.49% to ₹9,164 crore as compared with ₹14,205 crore in the year ago period due to a one-time provisioning of ₹7,100 crore toward wage hikes and pension liabilities, its chairman Dinesh Khara said at a press conference. Out of the ₹7,100 crore the bank provided ₹5,400 crore to correct the …

SBI fixed deposit interest rates hiked. Check latest here
11 months, 3 weeks ago

SBI fixed deposit interest rates hiked. Check latest here

Hindustan Times  

Recently, the State Bank of India raised interest rates on fixed deposits of less than ₹2 crore. Representational Image Also, this rate hike by SBI, the country's largest bank and a private sector lender, is applicable on all but three FD tenures: one year to less than two years, two years to less than three years, and five years to …

SBI launches ‘Mobile Handheld Device’ for financial inclusion customers
1 year, 2 months ago

SBI launches ‘Mobile Handheld Device’ for financial inclusion customers

Live Mint  

The State Bank of India has on October 4 launched a 'Mobile Handheld Device’ for its financial inclusion customers in a bid to enhance accessibility and convenience. Chairman Dinesh Khara in a statement said the initiative "aims to empower financial inclusion and extend essential banking services to the masses." The release added that the Mobile Handheld Device will "revolutionalise banking …

SBI research finds 3x increase in net profit of banks under Modi govt
1 year, 4 months ago

SBI research finds 3x increase in net profit of banks under Modi govt

Op India  

The Indian banking sector has witnessed tremendous transformation between Financial Year 2013-2014 and Financial Year 2022-2023, revealed a research report by the State Bank of India on Tuesday. Screengrab of the key banking indicators from FY14-FY23, chart via SBI Research/ RBI Moreover, the net profit of banks tripled from ₹809 trillion to 2,480 trillion between Financial Year 2013-2014 and Financial …

SBI achieved 13% growth in gross advances, says chairman
1 year, 4 months ago

SBI achieved 13% growth in gross advances, says chairman

The Hindu  

State Bank of India Chairman Dinesh Kumar Khara has said that in the April - June quarter of the current financial year, the bank has achieved 13.9% growth in gross advances, and this year an overall growth of 12% is expected. Interacting with the media after inaugurating the expo, Mr. Dinesh said that the processing fee on loans to be …

Bank of Baroda becomes second PSB after SBI to hit ₹1 lakh crore market cap
1 year, 6 months ago

Bank of Baroda becomes second PSB after SBI to hit ₹1 lakh crore market cap

Live Mint  

Bank of Baroda share price: Despite sell off in key benchmark indices, Bank of Baroda shares continued to attract buying interest by stock market bulls. While ascending to this intraday high, Bank of Baroda share came close to its 52-week high of ₹197.20 per share levels and hit an important milestone of ₹1 lakh crore market capital. After achieving this …

SBI to raise ₹50k crore via debt instruments
1 year, 6 months ago

SBI to raise ₹50k crore via debt instruments

Live Mint  

State Bank of India on Friday said its board has approved a proposal to raise up to ₹50,000 crore this fiscal year through various debt instruments. India’s largest bank intends to raise the funds by issuing long-term bonds, Basel III-compliant Additional Tier 1 bonds, and Basel III-compliant Tier 2 bonds, in private placements to either Indian or overseas investors, subject …

SBI share price: Experts give ’buy’ tag as bank mulls fund raise. Buy or wait?
1 year, 6 months ago

SBI share price: Experts give ’buy’ tag as bank mulls fund raise. Buy or wait?

Live Mint  

SBI share price: The State Bank of India shares edged lower in early morning deals on Tuesday. SBI share price outlook Speaking on why one should add SBI shares in stock portfolio, Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal said, "In the wake of interest rate pause announced by the Reserve Bank of India in its April monetary …

SBI's Q4 net profit jumps 83% to ₹16,694 cr
1 year, 7 months ago

SBI's Q4 net profit jumps 83% to ₹16,694 cr

Hindustan Times  

The country's largest bank SBI on Thursday reported an 83 per cent jump in net profit at ₹16,694.51 crore for the fourth quarter of 2022-23 fiscal on higher interest income and low provisioning. For the full 2022-23 fiscal, SBI's net profit increased 59 per cent to ₹ 50,232.45 crore. During the March quarter of 2022-23 fiscal, the bank's interest income …

SBI to consider $2 billion fundraising in FY24 via senior unsecured notes
1 year, 8 months ago

SBI to consider $2 billion fundraising in FY24 via senior unsecured notes

Live Mint  

The largest public sector lender in the country, State Bank of India on Monday announced its plan to raise up to $2 billion for the financial year FY24 through the issuance of senior unsecured notes. It added, the board is meeting to "examine the status and decide on long-term fundraising in single/multiple tranches of up to $ 2 billion., through …

SBI hikes recurring deposit rates. Check latest RD rates here
1 year, 10 months ago

SBI hikes recurring deposit rates. Check latest RD rates here

Live Mint  

The country's largest lender State Bank of India has increased interest rates on recurring deposits. SBI Recurring Deposit SBI RD interest rates vary between 6.5%-7% for the general public and an additional interest rate hike of 50 basis points for senior citizens. SBI RD rates effective 15 February 2023 1 year to less than 2 years - 6.80% 2 years …

SBI’s home loan interest rates change from today, benchmark lending rates up
1 year, 10 months ago

SBI’s home loan interest rates change from today, benchmark lending rates up

Live Mint  

Home loan interest rates at the State Bank of India have changed from Wednesday onward as the lender hiked lending rates of key benchmarks. Latest SBI home loan rates: Regular Home loan, Flexipay, NRI, Non-Salaried, Privilege, APON Ghar: Under the campaign offer, SBI is giving a concession of 30 bps to 40 bps to borrowers with a credit score from …

SBI Hikes Home Loans Rates. Check Revised Lending Rates For HDFC, PNB, BoB
1 year, 10 months ago

SBI Hikes Home Loans Rates. Check Revised Lending Rates For HDFC, PNB, BoB

ABP News  

India’s top lender State Bank of India has raised the marginal cost of funds-based lending rate by 10 basis points. The hike comes within a week after the Reserve Bank of India raised its repo rate by 25 bps to 6.50 per cent. SBI has raised the overnight MCLR rate by 10 bps to 7.95 per cent from 7.85 per …

SBI hikes rates by up to 25 bps on FDs below ₹2 cr; introduces 400 days tenure
1 year, 10 months ago

SBI hikes rates by up to 25 bps on FDs below ₹2 cr; introduces 400 days tenure

Live Mint  

India's largest public sector lender, State Bank of India has hiked interest rates by 5 bps to 25 bps on fixed deposits below ₹2 crore with effect from February 15. General FD rates: SBI has hiked FD rates by 25 bps on 2 years to less than 3 years tenure to 7% from the previous 6.75%. SBI raised FD rates …

Govt extends tenure of SBI MD Setty by 2 years
1 year, 11 months ago

Govt extends tenure of SBI MD Setty by 2 years

Live Mint  

The government has extended the term of State Bank of India Managing Director Challa Sreenivasulu Setty by two years with effect from January 20. In a regulatory filing, SBI said the government issued a notification to this effect on January 10. the central government hereby extends the term of office of Shri Challa Sreenivasulu Setty, Managing Director, State Bank of …

SBI Q2 results 2022: Net profit jumps 74%, net interest income rises 16.8%
2 years, 1 month ago

SBI Q2 results 2022: Net profit jumps 74%, net interest income rises 16.8%

Live Mint  

SBI Q2 results 2022: The State Bank of India has announced its quarterly results for recently ended September 2022 quarter. The largest commercial bank of India has posted highest ever quarterly net profit at ₹13,265 crores whereas its year-on-year net profit has risen around 74 per cent. SBI's net interest income for the recently ended July to September 2022 quarter …

SBI increases fixed deposit interest rates by up to 80 bps, check latest FD rates
2 years, 2 months ago

SBI increases fixed deposit interest rates by up to 80 bps, check latest FD rates

Firstpost  

State Bank of India hiked interest rates of its fixed deposits by up to 80 basis points on Friday, 21 October. The interest rate on retail domestic term deposits maturing between 1 year to less than 2 years has jumped to 6.10 per cent from 5.60 per cent. On deposits maturing between 3 years to less than 5 years, the …

SBI raises benchmark lending rate by 0.7%
2 years, 3 months ago

SBI raises benchmark lending rate by 0.7%

The Hindu  

The country's largest lender, State Bank of India, raised the Benchmark Prime Lending Rate by 70 basis points to 13.45% on Wednesday. "Benchmark Prime Lending Rate revised as 13.45% per annum with effect from September 15, 2022," the SBI posted on its website. Now most of the banks provide loans on the External Benchmark Based Lending Rate or the Repo-Linked …

MSME sector records credit growth of 14% in 2022-23, says SBI Research report
2 years, 4 months ago

MSME sector records credit growth of 14% in 2022-23, says SBI Research report

Firstpost  

SBI Research said in its weekly report ‘Ecowrap’ that the sector has expanded by Rs 52,800 crore against degrowth of Rs 61,000 crore during the similar period of the previous year New Delhi: Credit growth to the Ministry of Micro, Small & Medium Enterprises sector has expanded by Rs 52,800 crore in the current financial 2022-23 year against degrowth of …

SBI Hikes MCLR Rates By 10 Basis Points; Loans, EMIs To Get Costlier
2 years, 5 months ago

SBI Hikes MCLR Rates By 10 Basis Points; Loans, EMIs To Get Costlier

News 18  

India’s largest lender State Bank of India has raised its marginal cost of lending rate on loans by 10 basis points, effective Friday. SBI’s one-year benchmark marginal cost of lending rate has increased from 7.40 per cent to 7.50 per cent, while its rates for overnight, one month and three months have been increased from 7.05 per cent to 7.15 …

SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates
2 years, 6 months ago

SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates

News 18  

With India’s largest lender State Bank of India hiking its marginal cost of funds-based lending rate effective June 15, the minimum home loan interest rate has also been revised upwards. Here’s the latest home loan rates of SBI: The lowest interest rate on home loans that SBI is now offering to borrowers is 7.55 per cent per annum. SBI has …

SBI hikes home loan interest rate; EMIs set to go up
2 years, 6 months ago

SBI hikes home loan interest rate; EMIs set to go up

India TV News  

SBI Home Loan Interest Rate: State Bank of India, the country's largest lender, has hiked the lending rates following the Reserve Bank of India's repo rate hike last week. The central bank had hiked the repo rate by 0.50 per cent to 4.90 per cent. The public sector bank has revised by up to 0.20 per cent the marginal cost …

SBI hikes lending rates by 20 bps from 15 June, EMIs to go up
2 years, 6 months ago

SBI hikes lending rates by 20 bps from 15 June, EMIs to go up

Live Mint  

Joining the bandwagon of the Marginal Cost Of Funds Based Lending Rate rate hike, the State Bank of India raised the lending rates by 20 basis points on various tenures. Currently, on a CIBIL score greater than or equal to 800, SBI offers a 7.05% rate on regular home loans, the rate is 7.15% on credit scores from 750-799. Auto …

SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here
2 years, 6 months ago

SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here

News 18  

SBI Fixed Deposit Interest Rates: A week after the Reserve Bank of India increased its repo rates for the second straight time in a row, India’s largest pubic sector lender State Bank of India hiked its interest rates on fixed deposits by up to 20 basis points. For tenures of one year to less than two years, the rates have …

SBI hikes interest rates on fixed deposits: Check new rates here
2 years, 6 months ago

SBI hikes interest rates on fixed deposits: Check new rates here

Live Mint  

The interest rate on fixed deposits has been raised by the country's largest lender, State Bank of India. The new interest rates go into effect today, June 14, 2022, and as a result of the modification, the bank has raised interest rates on deposits of less than ₹2 Cr maturing in 211 days to less than 3 years. SBI will …

SBI says loan demand is bouncing back as its shares outperform peers
2 years, 6 months ago

SBI says loan demand is bouncing back as its shares outperform peers

Live Mint  

Consumer cutbacks due to raging inflation and higher borrowing costs are failing to dent investment plans at Indian businesses tapping the country’s biggest lender, a sign that a recovery in Asia’s third-largest economy is gathering pace. Companies are steadily drawing down from a $71 billion loan pipeline, Dinesh Kumar Khara, chairman of State Bank of India, told Bloomberg News in …

SBI increases MCLR | How hiking this lending rate impacts your home, auto loan EMIs
2 years, 7 months ago

SBI increases MCLR | How hiking this lending rate impacts your home, auto loan EMIs

India Today  

The State Bank of India has hiked the marginal cost of lending rate by 10 basis points. SBI HOME LOAN, AUTO LOANS MCLR, which was introduced by the Reserve Bank of India in 2016, is the minimum rate of interest at which a bank can lend loans to its customers. The increase in repo rate - the rate at which …

SBI Q4 results: Profit jumps 41%, bad loans decline
2 years, 7 months ago

SBI Q4 results: Profit jumps 41%, bad loans decline

India Today  

State Bank of India on Friday reported a 41 per cent surge in standalone net profit at Rs 9,114 crore for the fourth quarter ended March 2022, helped by decline in bad loans. On a consolidated basis, the bank reported a 56 per cent increase in net profit at Rs 9,549 crore, compared to Rs 6,126 crore in the fourth …

SBI alert: EMIs for State Bank of India customers to go up | Top points
2 years, 8 months ago

SBI alert: EMIs for State Bank of India customers to go up | Top points

India Today  

State Bank of India has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures. An overnight, one-month and three-month MCLR rose by 10 bps to 6.75 per cent, whereas a six-month MCLR increased to 7.05 per cent. At the same time, two-year MCLR increased by 0.1 per cent to …

SBI, HDFC Bank, Others Increase Fixed Deposit Interest Rates: Right Time to Invest?
2 years, 10 months ago

SBI, HDFC Bank, Others Increase Fixed Deposit Interest Rates: Right Time to Invest?

News 18  

Fixed deposit interest rates significantly dropped during the last three years. Over the past two week various banks like HDFC Bank, State Bank of India, IndusInd Bank, IDBI Bank etc have hiked interest rates of various FD tenures. HDFC Bank HDFC Bank has hiked the interest rate on fixed deposits of one year tenure by 10 basis points to 5 …

SBI Hikes Interest Rates of These Fixed Deposit Tenures. Check Latest FD Rates
2 years, 10 months ago

SBI Hikes Interest Rates of These Fixed Deposit Tenures. Check Latest FD Rates

News 18  

India’s largest bank State Bank of India has also joined the banks bandwagon that have raised the interest rates on fixed deposit tenures. For fixed deposit tenure of 5 years and up to 10 years, the interest rate has been increased by 10 basis points to 5.50 per cent. Here are the revised interest rates on fixed deposits below Rs …

SBI Hikes Fixed Deposit, Recurring Deposit Interest Rates; All You Need to Know
2 years, 10 months ago

SBI Hikes Fixed Deposit, Recurring Deposit Interest Rates; All You Need to Know

News 18  

SBI FD, RD Interest Rate Hike: The State Bank of India is on a spree to spread good news to its account holders who deposit money at the bank. SBI FD Interest Rate Hike The State Bank of India, which is the largest public lender in the country, announced on its website that the new rates of interest for its …

SBI Hikes Fixed Deposit Interest Rates Again; Check Latest SBI FD Rates Here
2 years, 10 months ago

SBI Hikes Fixed Deposit Interest Rates Again; Check Latest SBI FD Rates Here

News 18  

SBI FD Rates Hiked: The State Bank of India has once again increased interest rates on its fixed deposit accounts, a week after it hiked the same for fixed deposit accounts of short term tenures. The state-owned bank’s latest move comes amid a spree of the lenders increasing their fixed deposit interest rates, after a long pause. After the SBI …

SBI Home Loan, Personal Loan, Car Loan: Know the Latest Offers Ahead of Festive Season
3 years, 2 months ago

SBI Home Loan, Personal Loan, Car Loan: Know the Latest Offers Ahead of Festive Season

News 18  

On the back of the upcoming festival season, the State Bank of India had taken to Twitter to announce a whole slew of new benefits that it was rolling out. On a related note, the bank had also issued a tweet earlier that talked about the home loan benefits that it would be offering this festive season. The notification which …

SBI launches special deposit scheme: Interest rates, features and other details here
3 years, 4 months ago

SBI launches special deposit scheme: Interest rates, features and other details here

Live Mint  

State Bank of India has launched a special deposit scheme to mark the celebratory occasion of 75 years of Independence. The special deposit scheme, SBI Platinum Deposits is a limited period offer and will end on 14 September, the lender mentioned on its website. Exclusive benefits for Term Deposits and Special Term Deposits with SBI. SBI Platinum Deposits: Here is …

Record profit pushes SBI shares to all-time high
3 years, 4 months ago

Record profit pushes SBI shares to all-time high

Live Mint  

Shares of State Bank of India rose to their all-time high after the nation’s largest lender posted a record quarterly profit, driven by its non-lending business and lower provisions for bad loans. Net income rose 55% to 65 billion rupees in the three months to June, according to a statement Wednesday, beating the average estimate of 54 billion rupees from …

Stress in home loans won’t deter SBI, says Khara
3 years, 4 months ago

Stress in home loans won’t deter SBI, says Khara

Live Mint  

Despite rising delinquencies in home loans, State Bank of India has no plans to rethink its strategy of aggressively growing this portfolio, given the significant potential of home finance, chairman Dinesh Khara said. Even as SBI’s market share in home loans during the quarter rose by 24 basis points sequentially, bad loans rose by 59 bps. We have mastered how …

SBI cuts home loan interest rate to 6.70%
3 years, 7 months ago

SBI cuts home loan interest rate to 6.70%

India TV News  

State Bank of India on Saturday said it has reduced home loan interest rate to 6.70 per cent. The lender said home loan interest rates are now starting from 6.70 per cent for loans up to Rs 30 lakh and 6.95 per cent for loans above Rs 30 lakh to Rs 75 lakh. "The affordability for the consumer increases immensely …

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