SBI cuts home loan rates, select FD rates; borrowers gain, savers lose from Dec 15, 2025.

• SBI has reduced interest rates on home loans and other retail loans.
• The bank has also cut interest rates on selected fixed deposits (FDs).
• These changes, effective from December 15, 2025, will make EMIs cheaper for borrowers but reduce returns for FD investors.
• SBI's MCLR was cut by 5 basis points, while EBLR and RLLR saw a 25 basis point reduction.
• The decision aligns with RBI's recent repo rate cut aimed at controlling inflation and boosting economic activity.

Why It Matters: SBI cuts loan rates, making EMIs cheaper but reducing FD returns for savers.