SBI hikes home loan rates by up to 30 basis points

The country's largest lender SBI has increased its home loan rates that arelinked to repo rate by up to 30 basis points amid market indications ofincreased credit risk for borrowers and realty firms in the wake of coronaviruspandemic. According to a senior official, the bank has also hiked interestrates on personal loans against property by 30 basis points. With market leaderSBI making the move, other lenders are also likely to follow suit. On Thursday, SBI slashed benchmark lending rat...