State Bank of India [Get Quote] on Thursday said that equated monthly instalments on its home loans will be tweaked shortly as interest rates have gone up by two per cent in the last one year.

"So far, we have resisted doing so but we will do so now," SBI managing director Yogesh Agarwal told reporters in Mumbai.

He, however, feared that this may marginally push up the bank's non-performing assets on home loans as it may impinge upon the capacity of borrowers to repay.

As far as any possible hike in rates, Agarwal said: "As of now there is no change. The bank was awaiting the RBI's stance in the forthcoming quarterly review of its credit policy and would decide upon its rates accordingly."