SBI, PNB and 4 other banks revise repo-linked lending rates

SBI, Punjab National Bank (PNB), Bank of India, Indian Bank, Bank of Baroda and Canara Bank have revised their lending rates in October 2026. The revisions follow the RBI's 25-basis-point repo rate hike to 5.50%. Higher lending benchmarks may increase interest rates on linked loans, potentially raising borrowers' EMIs or extending their repayment periods, depending on loan terms.