{"id":58764,"date":"2019-04-10T06:43:26","date_gmt":"2019-04-10T06:43:26","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=58764"},"modified":"2019-04-10T06:43:27","modified_gmt":"2019-04-10T06:43:27","slug":"sbi-lowers-interest-rate-on-home-loans","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/sbi-lowers-interest-rate-on-home-loans\/","title":{"rendered":"SBI lowers interest rate on home loans"},"content":{"rendered":"\n<p>The State Bank of India  has re-priced home loans up to Rs 30 lakh by 10\u00a0 basis points.  Accordingly, the interest rate on housing loans of such size will now be  in the range of 8.6 to 8.9 per cent. <\/p>\n\n\n\n<p>The bank has also lowered \nits lending rates by a nominal five basis points across all tenors. In a\n statement, the SBI said the new one-year marginal cost of funds-based \nlending rate is down to 8.50 per cent now from 8.55 per cent. This is \nthe first reduction by SBI in over 17 months. <\/p>\n\n\n\n<p>The reduction in \nlending rate by the bank follows a 50 basis point cut in repo rate by \nthe RBI in the course of two monetary policy reviews held in February \nand April this year.\n\n<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The State Bank of India has re-priced home loans up to Rs 30 lakh by 10\u00a0 basis points. Accordingly, the interest rate on housing loans of such size will now be in the range of 8.6 to 8.9 per cent. The bank has also lowered its lending rates by a nominal five basis points across [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":58765,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-58764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/58764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=58764"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/58764\/revisions"}],"predecessor-version":[{"id":58766,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/58764\/revisions\/58766"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/58765"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=58764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=58764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=58764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}