SBI slashes home loan rates by 0.05%
SBI on Friday slashed base rate on home loan by 0.05%. Bank of Baroda (BoB), Andhra Bank and Oriental Bank of Commerce (OBC) have also reduced the base rate on home loans by 0.35%, 0.15%, and 0.05%, respectively. With this reduction, new base rates stand at 8.95% for SBI, 9.15% for BoB, 9.55% for Andhra Bank and 9.45% for OBC.