SBI cuts affordable home loan rates by up to 0.25%
India's largest lender SBI has cut its interest rate for home loans up to â¹30 lakh by 0.25% to 8.35%, while those above â¹30 lakh saw a cut of 0.10%. Last week, SBI cut its term deposit rates by up to 50 basis points for amounts below â¹1 crore. The new term deposit rates came into effect from April 29.