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SBI to introduce repo-linked home loans from July

SBI to introduce repo-linked home loans from July

State Bank of India (SBI) is all set to introduce repo-linked home loans from July. The bank has also reduced interest rate on cash credit account (CC) and overdraft (OD) customers with limits above Rs 1 lakh, after the RBI reduced the repo rate by 25 basis points.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.