State Bank of India Raises Lending Rates, Impacting Borrowers' EMIs from October 15
State Bank of India (SBI) has raised its lending rates, including External Benchmark-linked Rates (EBLR), Repo Linked Lending Rate (RLLR), and Marginal Cost of Funds Based Lending Rate (MCLR), effective October 15, 2026. The EBLR increased from 7.90% to 8.15%, and the RLLR from 7.50% to 7.75%. MCLR rates rose by 15 basis points across various tenures, except overnight and one-month rates which remain unchanged. Borrowers with loans linked to these benchmarks may face higher equated monthly installments (EMIs), with the actual impact depending on individual loan terms and reset dates.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (49/100). Lens Score 44/100.
Outlets measured: freepressjournal, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (48–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 15 Oct, 06:49 am. Other outlets followed.