SBI Base Rate in Oct

Here I come to know what Base rate and cut rate is State Bank of India in October and where I can details of SBI base rates?

State Bank of India increased its Base Rate to 10.00 Percent per annum

The State Bank of India has increased its Base Rate (BR) for new loans by 0.50 percent, or 50 basis points (BPS) with effect from Saturday, August 13, 2011.

State Bank of India has revised its Base Rate or the minimum lending rate from 9.50 percent to 10.00 percent per annum.
Note: Please correlate with the bank and market before taking any final financial decision.

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Answered By StudyChaCha Member

I am doing MBA in Banking and making project report on the topic State Bank of India. Will you provide details about State Bank of India Base Rate in Oct and of previous months?

The State Bank of India is an Indian multinational, public sector banking and financial services statutory body.

It is a government corporation statutory body headquartered in Mumbai, Maharashtra.

SBI Base Rate in Oct

Effective Date Interest Rate (%)
16.12.2019 8.45
10.09.2019 8.95
10.12.2018 9.05
01.10.2018 9
01.07.2018 8.95
01.04.2018 8.7
01.01.2018 8.65
01.10.2017 8.95
01.07.2017 9
01.04.2017 9.1
01.01.2017 9.25

SBI Personal banking services offered:

Payments/Transfer
Funds Transfer
Intra-Bank Transfer
RTGS/NEFT
Credit Card (VISA)
IMPS Payments
NRI eZ Trade Funds Transfer
E – Deposits
E-TDR/e-STDR
E-TDR/e-STDR under Income Tax Savings Scheme
SBI Flexi Deposit
E-Annuity Deposit Scheme
E- Recurring Deposits

Address:

MUMBAI(Metro)
(The districts of Mumbai City, Mumbai Suburban, Thane, Palghar and Raigad in the State of Maharashtra.)
General Manager
State Bank of India , Local Head Office ,
Bandra Kurla Complex
Mumbai-400 051.

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Answered By StudyChaCha Member