{"id":60470,"date":"2019-05-02T11:50:23","date_gmt":"2019-05-02T11:50:23","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=60470"},"modified":"2019-05-02T11:50:24","modified_gmt":"2019-05-02T11:50:24","slug":"state-bank-of-india-links-interest-rates-to-rbis-repo-rate","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/state-bank-of-india-links-interest-rates-to-rbis-repo-rate\/","title":{"rendered":"State Bank of India links interest rates to RBI&#8217;s repo rate"},"content":{"rendered":"\n<p>India&#8217;s  largest bank State Bank of India has moved to a new interest rate  regime on large savings account deposits as well as short-term loans.In  March, SBI had announced that it will link its interest rate on savings  account with balance above 1 lakh and short-term loans like overdraft  and cash credit facility to Reserve Bank of India&#8217;s repo rate, effective  1 May 2019.<\/p>\n\n\n\n<p>The interest rates on large SBI savings account \ndeposits and interest rate on some short-term loans will automatically \nchange as and when RBI changes its repo rate. This will help in better \ntransmission of RBI&#8217;s policy rates into the banking system.\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>India&#8217;s largest bank State Bank of India has moved to a new interest rate regime on large savings account deposits as well as short-term loans.In March, SBI had announced that it will link its interest rate on savings account with balance above 1 lakh and short-term loans like overdraft and cash credit facility to Reserve [&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":60471,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-60470","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\/60470","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=60470"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/60470\/revisions"}],"predecessor-version":[{"id":60472,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/60470\/revisions\/60472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/60471"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=60470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=60470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=60470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}