Major banks cut lending rates after RBI repo rate trim
after close1 source ↓written by the desknot a recommendation
- 5.50% to 5.25%
- 25 basis points
- effective
- 8%
- effective
- 12 Dec 2025
Several major banks, including SBI, PNB, Canara Bank, and IOB, have reduced lending rates following the RBI's repo rate cut from 5.50% to 5.25%. Canara Bank has specifically lowered its Repo Linked Benchmark Lending Rate by 25 basis points to 8% effective 12 Dec 2025. This move is expected to decrease EMIs for many borrowers, enhancing affordability.
Not investment advice. For informational purposes only.