The State Bank of India, SBI has raised its lending rates by 0.20 per cent with effect from tomorrow. Home, auto and consumer loans are expected to become costlier with the revision of rates. SBI said in a statement that the bank has revised the base rate or the minimum lending rate to 10 per cent from 9.80 per cent. At the same time, the Benchmark Prime Lending Rate was also raised by 0.20 per cent from 14.55 per cent to 14.75 per cent. Upward revision in the lending rate by SBI may prompt others public and private sector banks to do the same.