SBI raises benchmark lending rate by 0.7 per cent

The increase in the benchmark lending rates comes weeks ahead of the Reserve Bank of India's (RBI) monetary policy meeting, which is again expected to hike rates to tame inflation. According to the schedule, the next three-day monetary policy meeting will be held from September 28 to September 30.

from Banking/Finance-Industry-Economic Times https://ift.tt/fFe5Vmd