The State Bank of India (SBI) today cut its prime lending rate and deposit rate by 25 basis points (one basis point is one hundredth of 1 per cent) each across all maturities. Other banks are expected to follow suit over the next few days.
The SBI
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The State Bank of India (SBI) today cut its prime lending rate and deposit rate by 25 basis points (one basis point is one hundredth of 1 per cent) each across all maturities. Other banks are expected to follow suit over the next few days.
The SBI
First Published: May 01 2003 | 12:00 AM IST