SBI base rate hike: Is this the start of the end of low interest rate regime?

This base rate hike is unlikely to remain limited to base rate only as we may soon see other benchmark rates like MCLR and external benchmark being hiked as well going forward. SBI being the market leader, other banks are likely to follow suit and raise their lending rates in coming days.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3IReWet