SBI raises lending rates by 15 basis points
By United One News · AI-generated summary of 3 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
State Bank of India increased its lending rates by 15 basis points, effective October 15, 2026, raising future home‑loan EMIs.
- The hike applies to the bank’s Marginal Cost of Funds‑Based Lending Rate.
- Overnight and one‑month MCLR rates remain unchanged.
- The change follows a recent rise in the repo rate.
Covered by 3 outlets across the spectrum: 0% left, 100% center, 0% right.
How each side framed it
Higher EMIs ahead: SBI increases lending rates
Timeline
First to report: Economic Times (); 3 articles from 3 outlets so far.
Who is covering this story
- Center (3): Economic Times, Free Press Journal, The Hindu BusinessLine
Sources
- Higher EMIs ahead: SBI increases lending rates — Economic Times (center) ·
- SBI Hikes Lending Rates By 15 Basis Points, Here's How Much Extra You May Pay On Home Loan EMIs From October 15 — Free Press Journal (center) ·
- Sundaram Finance Ltd increases deposit interest rates — The Hindu BusinessLine (center) ·