SBI cuts savings bank deposit rates by 5 basis points to 2.70%
4 years, 7 months ago

SBI cuts savings bank deposit rates by 5 basis points to 2.70%

India TV News  

The country's largest lender State Bank of India has reduced interest rate on savings bank deposits by 5 basis points to 2.70 per cent per annum across all brackets. In April, the bank had reduced its savings bank deposits rate by 25 basis points to 2.75 per cent per annum across all slabs. For deposits maturing in seven days to 45 days, the lender is offering an interest rate of 2.90 per cent as against 3.30 per cent earlier, according to the SBI website. The interest rate on deposits maturing in 5 years to 10 years has been cut to 5.40 per cent from 5.70 per cent earlier.

Cent Rate Points Basis Sbi Bank Deposits 5 Basis Points Savings Bank Deposits  270  rates  savings  points  cuts  rate  deposit  bank  deposits  cent  lender  interest  sbi  basis

History of this topic

FD interest rates: SBI vs. small finance banks - See the difference
Trending News
2 days, 21 hours ago

FD interest rates: SBI vs. small finance banks - See the difference

Live Mint  

If you are looking to invest in a fixed deposit scheme, it is recommended to compare the FD interest rates offered by different banks. Interest rates: SBI vs. small finance banks Here we share the difference between interest rates offered by State Bank of India and small finance banks across tenures. On a 2-year duration, the highest interest of 8.25 …

New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?
1 week ago

New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?

Live Mint  

A fixed deposit promises to offer a reliable, consistent, long-term return on investments. SBI fixed deposits India's biggest bank, the State Bank of India, offers varying fixed deposit interest rates based on the duration of the deposit. A term deposit of one year will provide 6.8 per cent interest, 7 per cent for a two-year term deposit, and 6.75 per …

SBI set to borrow $1.25 billion, India’s largest dollar-denominated bank loan in 2024; details here
1 month, 3 weeks ago

SBI set to borrow $1.25 billion, India’s largest dollar-denominated bank loan in 2024; details here

Live Mint  

The State Bank of India, India's largest public sector bank, is planning to raise up to $1.25 billion, marking the biggest dollar-denominated loan in the country's financial sector. Dollar loan volume declines The report said that despite these loans, India's dollar loan volume has declined 27 per cent to $14.2 billion this year due to the absence of large company …

EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details
1 month, 3 weeks ago

EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details

Live Mint  

State Bank of India has raised the marginal cost of funds based lending rates, MCLR, with effect from Friday. New lending rates with effect from Nov 15 Tenures Existing rate New rate Over night 8.20 8.20 One month 8.20 8.20 Three month 8.50 8.55 Six month 8.85 8.90 One year 8.95 9.00 Two years 9.05 9.05 Three years 9.10 9.10 …

At India’s largest bank, all eyes on premium customers
2 months ago

At India’s largest bank, all eyes on premium customers

Live Mint  

Mumbai: State Bank of India may be taking the higher road as it joins the scramble for customer funds without resorting to a rate war, but its outlook signals an extended industry struggle for deposit growth. India’s largest bank on Friday tempered its guidance on deposit growth to 10-11% from 12-13% for 2024-25 as customers might have now found more …

SBI Hikes MCLR by 10 Basis Points, Third Consecutive Increase
4 months, 3 weeks ago

SBI Hikes MCLR by 10 Basis Points, Third Consecutive Increase

Deccan Chronicle  

Mumbai: The country’s largest lender State Bank of India has raised its Marginal Cost of Funds-based Lending Rate by 10 basis points across all tenors impacting largely some old individual borrowers or companies whose loans are still linked to MCLR. According to Vipul Patel, founder, of Mortgageworld, a home loan advisory company, “While new borrowers have their loan rates linked …

SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here
4 months, 3 weeks ago

SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here

News 18  

State Bank of India, India’s largest lender, has raised its marginal cost of funds-based lending rate by 10 basis points. SBI Revised MCLR Rates SBI’s overnight MCLR has increased from 8.10% to 8.20%. The changes in MCLR rates are as follows: Impact On Loans The interest rates on loans are also likely to rise by a similar measure, and EMIs …

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?
4 months, 3 weeks ago

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?

India TV News  

The State Bank of India, the largest state-owned bank in India, has announced an increase in its lending rates by 10 basis points across tenors, effective from August 15, 2024. Introduced in April 2016 as a replacement for the base rate system, the MCLR is used as a benchmark for setting lending rates unless specific exceptions are approved by the …

SBI Q1 2024-25 results: Net profit up 5.04%, net NPAs down by 6.26%, ₹25,000 crore bond fundraise approved
5 months ago

SBI Q1 2024-25 results: Net profit up 5.04%, net NPAs down by 6.26%, ₹25,000 crore bond fundraise approved

Hindustan Times  

State Bank of India Ltd has announced its first quarter results for the financial year 2024-25 on Saturday, August 3, 2024 and its board has also approved a ₹25,000 crore fundraising through bonds. SBI recorded a net profit of ₹19,680.80 crore in Q1 2024-25, an increase of 5.04% or ₹944.85 crore, compared to ₹18,735.95 crore during Q1 2023-24 or the …

Big banks cut deposit rates to strengthen sector stability
5 months, 2 weeks ago

Big banks cut deposit rates to strengthen sector stability

China Daily  

This file photo shows a worker counting Chinese currency at a bank in Lianyungang, East China's Jiangsu province. Several major Chinese commercial banks cut deposit rates on Thursday, signaling a new round of deposit rate cuts that could pave the way for further reductions in policy benchmarks of lending rates to bolster economic growth, market analysts said. The LPR reduction …

Sri Lanka cuts rates by 25 basis points to foster growth
5 months, 2 weeks ago

Sri Lanka cuts rates by 25 basis points to foster growth

The Hindu  

Sri Lanka's central bank cut interest rates by 25 basis points in a surprise decision on July 24 to support economic growth and propel the South Asian nation out of its worst financial crisis in decades. The Central Bank of Sri Lanka reduced the Standing Deposit Facility Rate to 8.25% and the Standing Lending Facility Rate to 9.25%, it said …

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details
5 months, 3 weeks ago

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details

India TV News  

SBI loan: Taking a loan from the State Bank of India, the country's largest public sector bank, has become more costly today. It's important to note that EMIs for personal and auto loans linked to the MCLR will rise, while home loans tied to the repo rate will remain unchanged. SBI's new interest rates SBI has increased the one-month MCLR …

SBI Raises Lending Rates By 10 Basis Points, EMIs Set To Increase
6 months, 3 weeks ago

SBI Raises Lending Rates By 10 Basis Points, EMIs Set To Increase

ABP News  

The State Bank of India, India's largest lender, has raised its marginal cost of funds-based lending rate by 10 basis points, equivalent to 0.1 per cent, across all loan tenures. Similarly, the overnight MCLR has increased to 8.10 per cent from 8.00 per cent, while the one-month and three-month MCLR rates have increased to 8.30 per cent from 8.20 per …

SBI Share price: State Bank of India’s stocks surge to all-time high, market cap crosses ₹8 lakh crore
7 months ago

SBI Share price: State Bank of India’s stocks surge to all-time high, market cap crosses ₹8 lakh crore

The Hindu  

The market capitalisation of the State Bank of India crossed the ₹8 lakh crore mark on June 3 after the bank's shares surged to a record high of ₹907. Finance Minister Nirmala Sitharaman has recently posted on social media that India's banking sector has achieved a significant milestone by recording its highest-ever net profit, exceeding ₹3 lakh crore. In the …

Fixed deposit news: Bank of India revises FD rates. How they compare with SBI, ICICI, HDFC Bank
9 months ago

Fixed deposit news: Bank of India revises FD rates. How they compare with SBI, ICICI, HDFC Bank

Live Mint  

Bank of India revises FD rates: BOI has updated its fixed deposit interest rates for deposits below ₹2 crore. Bank of India latest FD rates For deposits maturing between 7 days and 45 days, the Bank of India is offering an interest rate of 3%. Bank of India revises FD rates Deposits maturing in 1 year to less than 2 …

Bank of India Slashes Home Loan Rates By 15 Bps To 8.3% Until March 31
9 months, 2 weeks ago

Bank of India Slashes Home Loan Rates By 15 Bps To 8.3% Until March 31

ABP News  

The Bank of India, a public sector lender, announced on Tuesday a notable adjustment in its new home loan interest rates, reducing them from 8.45 per cent to 8.3 per cent. Bank of India proudly asserted that at the reduced rate of 8.3 per cent, it stands as the institution offering the lowest rate among its counterparts in the industry. …

SBI in talks with RBI to lower cash reserve ratio requirement on green deposits
10 months, 3 weeks ago

SBI in talks with RBI to lower cash reserve ratio requirement on green deposits

The Hindu  

State Bank of India chairman Dinesh Khara on February 16 said the nation's largest lender is in talks with the Reserve Bank to reduce the cash reserve ratio requirement on green deposits. State Bank of India last month announced a green deposit scheme, a first in the domestic banking, to attract long-term retail deposits to be used only to fund …

SBI Q3 net slips 35% on wages, pension
11 months ago

SBI Q3 net slips 35% on wages, pension

The Hindu  

State Bank of India reported third quarter net profit plunged 35.49% to ₹9,164 crore as compared with ₹14,205 crore in the year ago period due to a one-time provisioning of ₹7,100 crore toward wage hikes and pension liabilities, its chairman Dinesh Khara said at a press conference. Out of the ₹7,100 crore the bank provided ₹5,400 crore to correct the …

PNB hikes fixed deposit rates by up to 50 bps. How they compare with SBI, BoB
1 year ago

PNB hikes fixed deposit rates by up to 50 bps. How they compare with SBI, BoB

Live Mint  

Punjab National Bank has revised fixed deposit interest rates on amounts below ₹2 crore. PNB cuts FD rates on this tenure Punjab National Bank has cut FD rates on 444 days by 45 bps from 7.25% to 6.8%. PNB latest FD rates for senior citizens, super senior citizens After the latest revision, PNB offers an interest rate ranging from 4% …

FD rate hikes: Latest fixed deposit rates by 6 major lenders including SBI, HDFC Bank and ICICI Bank
1 year ago

FD rate hikes: Latest fixed deposit rates by 6 major lenders including SBI, HDFC Bank and ICICI Bank

Live Mint  

A number of banks have raised their fixed deposit interest rates while a few have introduced special schemes for offering higher rates of interest. Bank of India, for instance, has introduced Super Special Fixed Deposit with an interest rate of 7.5 percent per annum for deposits ranging from ₹2 to ₹50 crore and has a fixed maturity period of 175 …

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme
1 year ago

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme

Live Mint  

Bank of India has introduced Super Special Fixed Deposit with an incredibly enticing interest rate of 7.50% per annum. The Super Special Fixed Deposit offers an excellent opportunity for High Net Worth Individuals and Corporates to invest their surplus funds for the short term. On the other hand, super senior citizens aged 80 years and above will be eligible for …

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme
1 year ago

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme

Live Mint  

Bank of India has introduced Super Special Fixed Deposit with an incredibly enticing interest rate of 7.50% per annum. The Super Special Fixed Deposit offers an excellent opportunity for High Net Worth Individuals and Corporates to invest their surplus funds for the short term. On the other hand, super senior citizens aged 80 years and above will be eligible for …

SBI, Bank of Baroda, Kotak Mahindra among 7 banks that hiked fixed deposit rates
1 year ago

SBI, Bank of Baroda, Kotak Mahindra among 7 banks that hiked fixed deposit rates

Live Mint  

Several banks in India have hiked interest rates on fixed deposits in December 2023, including Bank of Baroda, State Bank of India, Union Bank of India, DCB Bank, Kotak Mahindra Bank, Federal Bank, and Bank of India. The Reserve Bank of India maintains the key repo rate at 6.5 per cent for the fifth consecutive time in the December 8 …

SBI fixed deposit interest rates hiked. Check latest here
1 year ago

SBI fixed deposit interest rates hiked. Check latest here

Hindustan Times  

Recently, the State Bank of India raised interest rates on fixed deposits of less than ₹2 crore. Representational Image Also, this rate hike by SBI, the country's largest bank and a private sector lender, is applicable on all but three FD tenures: one year to less than two years, two years to less than three years, and five years to …

Bank of Baroda, Union Bank hike fixed deposit interest rates. Details here
1 year ago

Bank of Baroda, Union Bank hike fixed deposit interest rates. Details here

Live Mint  

Bank of Baroda has hiked interest rates on retail term deposits from 10 basis points to up to 125 basis points on various maturity buckets.These rates are applicable on deposits below ₹2 crore with effect from today, December 29. 7D to 14D 4.25% 15D to 45D 4.50% 46D to 90D 5.50% 91D to 180D 5.60% 181D to 210D 5.75% 211D …

SBI Vs HDFC Bank Vs ICICI Bank: Check Detailed FD Interest Rate Comparison
1 year ago

SBI Vs HDFC Bank Vs ICICI Bank: Check Detailed FD Interest Rate Comparison

News 18  

SBI Vs HDFC Bank Vs ICICI Bank: Even as SBI hiked its interest rates on fixed deposits below Rs 2 crore, the FD savings have become a lucrative fixed-income instrument beating inflation by a comfortable margin. ICICI Bank is offering FD rates up to 7.60 per cent annually and SBI is giving up to 7.50 per cent a year. HDFC …

New deposit rate cuts herald cheaper loans
1 year ago

New deposit rate cuts herald cheaper loans

China Daily  

A visitor walks past the booth of Bank of China during an expo in Beijing. CHEN JUNMIN/FOR CHINA DAILY Reductions most substantial since 2016; may incentivize consumption China's biggest banks cut interest rates on deposits on Friday, which analysts said may have marked the biggest cut since 2016 and will likely help create room for benchmark lending rates to decline …

SBI Vs PNB Vs ICICI Bank: Check Detailed Comparison of Latest FD Interest Rates
1 year, 2 months ago

SBI Vs PNB Vs ICICI Bank: Check Detailed Comparison of Latest FD Interest Rates

News 18  

SBI Vs PNB Vs ICICI Bank FD Interest Rates: The interest rates in the country are at elevated levels with both loans and deposits currently being costlier. ICICI Bank is offering up to 7.60 per cent annual interest rates on FD, depending upon deposit tenure and depositor’s age. SBI is offering FD rates up to 7.50 per cent annually and …

Not SBI, this public sector bank offers higher FD interest rates; check details
1 year, 2 months ago

Not SBI, this public sector bank offers higher FD interest rates; check details

News 18  

The State Bank of India, the largest public sector bank in the country, is often the first choice for Indians to open Fixed Deposits. To make things easier for investors, we have curated a list of public sector banks that offer best FD interest rates for a 3-year term. Bank of Baroda Bank of Baroda is currently offering the highest …

Bank of Maharashtra Cuts Home, Car Loan Rates, Waives Processing Fee
1 year, 4 months ago

Bank of Maharashtra Cuts Home, Car Loan Rates, Waives Processing Fee

ABP News  

State-owned Bank of Maharashtra on Saturday slashed the interest rates on home and car loans by up to 20 basis points. Starting August 14, 2023, the Bank of Maharashtra's adjusted home loan interest rate will be 8.50 per cent, down from the current rate of 8.60 per cent, reported PTI, citing the bank release on Saturday. Furthermore, the interest rate …

SBI's Q4 net profit jumps 83% to ₹16,694 cr
1 year, 7 months ago

SBI's Q4 net profit jumps 83% to ₹16,694 cr

Hindustan Times  

The country's largest bank SBI on Thursday reported an 83 per cent jump in net profit at ₹16,694.51 crore for the fourth quarter of 2022-23 fiscal on higher interest income and low provisioning. For the full 2022-23 fiscal, SBI's net profit increased 59 per cent to ₹ 50,232.45 crore. During the March quarter of 2022-23 fiscal, the bank's interest income …

Bank Of Baroda Revises FD Interest Rates; How It Compares To SBI, HDFC Bank, ICIC Bank
1 year, 7 months ago

Bank Of Baroda Revises FD Interest Rates; How It Compares To SBI, HDFC Bank, ICIC Bank

News 18  

Bank of Baroda has revised its interest rates on fixed deposits. Bank of Baroda has hiked rates by 30 basis points on select tenors and customers can now enjoy up to 7.25 percent interest on term deposits below Rs 2 crore. Bank of Baroda’s revised interest rates: The lender is offering 3 percent interest on tenors of 7 to 45 …

Good news for bank fixed depositors! RBI hints at further FD interest rate hike
1 year, 9 months ago

Good news for bank fixed depositors! RBI hints at further FD interest rate hike

Live Mint  

The Reserve Bank of India, in its monthly bulletin released on Tuesday, said the intensifying competition among banks to expand their deposit base may force banks to increase fixed deposit rates. After 250 basis points repo rate hike by the central bank in May 2022, banks have been in a race to increase deposit rates. The central bank bulletin said …

Highest interest rates on income tax-saving FDs: SBI vs HDFC Bank vs IndusInd
1 year, 10 months ago

Highest interest rates on income tax-saving FDs: SBI vs HDFC Bank vs IndusInd

Live Mint  

Tax-saver fixed deposit is one of the popular investment options that fall under the section 80C category. Tax-saving FD: Latest interest rates offered by banks SBI tax-saving FD latest interest rate SBI offers an interest rate of 6.50% on tax-saving FDs HDFC Bank tax-saving FD latest interest rate HDFC Bank offers an interest rate of 7% on tax-saving FDs. ICICI …

After SBI and HDFC Bank, Yes Bank hikes fixed deposit rates now. Check here
1 year, 10 months ago

After SBI and HDFC Bank, Yes Bank hikes fixed deposit rates now. Check here

Live Mint  

Private lender YES Bank has hiked interest rates of its fixed deposits of less than ₹2 crore on select tenures. Deposits maturing between 181 days and 271 days will fetch an interest rate of 6 per cent, while fixed deposits maturing between 272 days and one year to 6.25 per cent, for general public YES Bank said that fixed deposits …

SBI new special fixed deposit (FD) scheme with higher interest rates
1 year, 10 months ago

SBI new special fixed deposit (FD) scheme with higher interest rates

Live Mint  

After hiking its fixed deposit rates by 25 bps, the State Bank of India announced a new special term deposit scheme with higher interest rates. SBI new FD scheme- Amrit Kalash Deposit Introducing “Amrit Kalash Deposit” for domestic and NRI customers with attractive interest rates, 400 days tenure and much more," the lender tweeted. Amrit Kalash Deposit, SBI new FD …

SBI hikes recurring deposit rates. Check latest RD rates here
1 year, 10 months ago

SBI hikes recurring deposit rates. Check latest RD rates here

Live Mint  

The country's largest lender State Bank of India has increased interest rates on recurring deposits. SBI Recurring Deposit SBI RD interest rates vary between 6.5%-7% for the general public and an additional interest rate hike of 50 basis points for senior citizens. SBI RD rates effective 15 February 2023 1 year to less than 2 years - 6.80% 2 years …

SBI raises fixed deposit interest rates, introduces new 400 days tenure scheme
1 year, 10 months ago

SBI raises fixed deposit interest rates, introduces new 400 days tenure scheme

India TV News  

State Bank of India has raised its fixed deposit interest rates, effective from February 15, 2023. In addition, SBI has introduced a specific tenure scheme of 400 days, where it is offering a 7.10% interest rate. According to SBI's website, senior citizens can earn an additional premium of 50 basis points over and above the existing 50 bps, i.e., 100 …

SBI’s home loan interest rates change from today, benchmark lending rates up
1 year, 10 months ago

SBI’s home loan interest rates change from today, benchmark lending rates up

Live Mint  

Home loan interest rates at the State Bank of India have changed from Wednesday onward as the lender hiked lending rates of key benchmarks. Latest SBI home loan rates: Regular Home loan, Flexipay, NRI, Non-Salaried, Privilege, APON Ghar: Under the campaign offer, SBI is giving a concession of 30 bps to 40 bps to borrowers with a credit score from …

SBI Hikes Home Loans Rates. Check Revised Lending Rates For HDFC, PNB, BoB
1 year, 10 months ago

SBI Hikes Home Loans Rates. Check Revised Lending Rates For HDFC, PNB, BoB

ABP News  

India’s top lender State Bank of India has raised the marginal cost of funds-based lending rate by 10 basis points. The hike comes within a week after the Reserve Bank of India raised its repo rate by 25 bps to 6.50 per cent. SBI has raised the overnight MCLR rate by 10 bps to 7.95 per cent from 7.85 per …

SBI hikes rates by up to 25 bps on FDs below ₹2 cr; introduces 400 days tenure
1 year, 10 months ago

SBI hikes rates by up to 25 bps on FDs below ₹2 cr; introduces 400 days tenure

Live Mint  

India's largest public sector lender, State Bank of India has hiked interest rates by 5 bps to 25 bps on fixed deposits below ₹2 crore with effect from February 15. General FD rates: SBI has hiked FD rates by 25 bps on 2 years to less than 3 years tenure to 7% from the previous 6.75%. SBI raised FD rates …

SBI hikes interest rates for fixed deposits less than ₹2 crore
2 years ago

SBI hikes interest rates for fixed deposits less than ₹2 crore

Hindustan Times  

The State Bank of India, one of the country's biggest lenders, has hiked its fixed deposit rates for some maturity periods on deposits less than ₹2 crore from today. With this, the fixed deposits maturing between seven days to 45 days are offering interest rates of three per cent, while the ones having maturity period between 46 days and 179 …

SBI hikes fixed deposit rates. Check latest FD rates here
2 years ago

SBI hikes fixed deposit rates. Check latest FD rates here

Live Mint  

SBI hikes FD rates: State Bank of India has increased fixed deposit or FD rates for some select maturity periods. The bank has hiked interest rate on deposits maturing in 211 days to 10 years. FDs maturing in 3 years to less than 5 years and 5 years and up to 10 years will offer 6.25% interest rate now. SBI …

SBI’s personal banking advances cross ₹5 lakh-cr mark; stock nears 1-year high
2 years, 1 month ago

SBI’s personal banking advances cross ₹5 lakh-cr mark; stock nears 1-year high

Live Mint  

Largest lender in India, SBI has touched a new milestone in personal banking advances by crossing the ₹5 trillion mark by end of November 2022. The first time SBI struck a ₹1 trillion mark in personal banking advances was in January 2015. In a matter of 12 months, SBI has managed to clock ₹5 trillion mark in personal banking advances. …

RBL Bank revises interest rates on savings account by up to 25 bps, know new rates
2 years, 2 months ago

RBL Bank revises interest rates on savings account by up to 25 bps, know new rates

Firstpost  

The private sector lender, RBL Bank has changed the interest rates on its savings accounts on daily balance by 15 bps to 25 bps. The bank has changed interest rates on daily balance above Rs 25 lakh. The bank raised the interest rate by 25 bps to 6.50 per cent from 6.25 per cent on daily balance above Rs 25 …

SBI increases fixed deposit interest rates by up to 80 bps, check latest FD rates
2 years, 2 months ago

SBI increases fixed deposit interest rates by up to 80 bps, check latest FD rates

Firstpost  

State Bank of India hiked interest rates of its fixed deposits by up to 80 basis points on Friday, 21 October. The interest rate on retail domestic term deposits maturing between 1 year to less than 2 years has jumped to 6.10 per cent from 5.60 per cent. On deposits maturing between 3 years to less than 5 years, the …

These 2 govt banks offer 7% interest rate on fixed deposits (FDs)
2 years, 2 months ago

These 2 govt banks offer 7% interest rate on fixed deposits (FDs)

Live Mint  

After four consecutive repo rate hikes by the Reserve Bank of India, several banks have raised interest rates on fixed deposits. The State Bank of India HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank are among those lenders that have hiked interest on term deposits recently. Union Bank of India latest FD rates Union Bank of India is one …

SBI raises benchmark lending rate by 0.7%
2 years, 3 months ago

SBI raises benchmark lending rate by 0.7%

The Hindu  

The country's largest lender, State Bank of India, raised the Benchmark Prime Lending Rate by 70 basis points to 13.45% on Wednesday. "Benchmark Prime Lending Rate revised as 13.45% per annum with effect from September 15, 2022," the SBI posted on its website. Now most of the banks provide loans on the External Benchmark Based Lending Rate or the Repo-Linked …

Bank FD: PNB vs HDFC Bank vs SBI; Check Detailed Comparison of Latest Interest Rates
2 years, 4 months ago

Bank FD: PNB vs HDFC Bank vs SBI; Check Detailed Comparison of Latest Interest Rates

News 18  

Interest rates in the country are on the rise as the RBI’s Monetary Policy Committee has hiked the key repo rate thrice in its last three policy review meetings. Here’s the comparison of the current fixed deposit interest rates offered by three lenders State Bank of India, Punjab National Bank and HDFC Bank on deposits below Rs 2 crore: SBI’s …

Bank FD: SBI Vs Indian Bank Vs Central Bank of India; Check Comparison of Latest Interest Rates
2 years, 4 months ago

Bank FD: SBI Vs Indian Bank Vs Central Bank of India; Check Comparison of Latest Interest Rates

News 18  

As the RBI’s Monetary Policy Committee has been raising the key interest rates in the country, commercial banks are also following the suit. Here’s the comparison of the current fixed deposit interest rates offered by three lenders State Bank of India, Indian Bank and Central Bank of India on deposits below Rs 2 crore: SBI’s FD Interest Rate : 7 …

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