Major banks cut lending rates after RBI repo rate reduction
pre-market1 source ↓written by the desknot a recommendation
- 5.50% to 5.25%
- 25 basis points
- 8%
- effective
- 12 Dec 2025
Several leading banks, including Canara Bank, SBI, PNB, and IOB, have reduced lending rates following the RBI's repo rate cut from 5.50% to 5.25%. Canara Bank has lowered its Repo Linked Benchmark Lending Rate (RLLR) by 25 basis points to 8%, effective 12 Dec 2025. This reduction is expected to lower EMIs for many borrowers, enhancing affordability.
Not investment advice. For informational purposes only.