SBI rocks the boat of deposit rates, its peers may feel the pain
5 years, 10 months ago

SBI rocks the boat of deposit rates, its peers may feel the pain

Live Mint  

India’s largest bank has bitten the bullet on making interest rates more pliable to changes in policy rates. Margins may improve immediately and the fact that savings deposits are sticky will ensure SBI doesn’t lose its customers. The chart above shows that over the last five years, private banks have eaten into the market share of public sector peers in savings deposits. SBI’s market share in savings deposits has largely remained unchanged over the last decade. Public sector banks have lost a massive 2.58 percentage points market share over the last five years and private banks have gained 5.54 percentage points.

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History of this topic

New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?
1 week, 6 days 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 …

Changes to India’s repo rate since June 2000
1 month, 1 week ago

Changes to India’s repo rate since June 2000

Live Mint  

MUMBAI - The Reserve Bank of India kept its key interest rate unchanged, as widely expected, retaining its focus on bringing inflation down even as global market volatility left other major central banks poised to ease policy. The monetary policy committee kept the key lending rate, or repo rate, unchanged at 6.50%, but cut the cash reserve ratio that banks …

EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details
2 months 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, 1 week 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, 4 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 raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?
5 months 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 …

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs
5 months, 1 week ago

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs

Hindustan Times  

The Reserve Bank of India kept repo rate steady at 6.5 percent for the ninth time in a row in its Monetary Policy Committee review. This year, HDFC Bank increased home loan rates for new borrowers by 40 basis points despite repo rates being steady. For HDFC Bank, the lowest interest rate on a ₹50-lakh home loan was 8.35 per …

RBI keeps Repo rate unchanged at 6.5% for ninth consecutive time
5 months, 1 week ago

RBI keeps Repo rate unchanged at 6.5% for ninth consecutive time

Deccan Chronicle  

In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India has decided to keep the repo rate unchanged at 6.5 per cent. It decided by a majority of four members to keep the policy repo rate unchanged at 6.5 per cent. The central bank's commitment to bringing inflation down to its 4 per cent …

Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc
5 months, 1 week ago

Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc

India TV News  

The Reserve Bank of India has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Reserve Bank of India announced on Thursday that the Monetary Policy Committee has decided to keep the policy repo rate unchanged at 6.5%. Consequently, the standing deposit facility rate remains at 6.25%, and the marginal standing facility …

SBI Raises Lending Rates By 10 Basis Points, EMIs Set To Increase
7 months 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 in talks with RBI to lower cash reserve ratio requirement on green deposits
10 months, 4 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 …

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 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 …

‘Monetary policy actively disinflationary’: RBI keeps repo rate unchanged at 6.5%
1 year, 1 month ago

‘Monetary policy actively disinflationary’: RBI keeps repo rate unchanged at 6.5%

Hindustan Times  

The Reserve Bank of India on Friday maintained its benchmark repo rate at 6.5%, keeping its focus on anchoring inflation and boosting growth. Monetary policy will remain actively “disinflationary”, RBI Governor Shaktikanta Das said after a two-day meeting of the bank’s six-member monetary policy committee. He said that the central bank’s successive policy rate hikes, a reference to increases in …

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 …

RBI Policy meet: Key things to watch out for
1 year, 3 months ago

RBI Policy meet: Key things to watch out for

Live Mint  

Reserve Bank of India Governor Shaktikanta Das will unveil the fourth monetary policy of the financial year 2023-24 on Friday, October 6, after a two-day review, as it observes the impact of global headwinds on India's macroeconomic indicators such as inflation trajectory and the growth in gross domestic product. Economists expect RBI to hold rates steady According to majority of …

RBI keeps repo rate unchanged in third straight policy meet
1 year, 5 months ago

RBI keeps repo rate unchanged in third straight policy meet

Deccan Chronicle  

Mumbai: The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected. RBI Governor Shaktikanta Das on Thursday at a press conference said, "Monetary Policy Committee decided unanimously to keep the Repo Rate unchanged at 6.50%" RBI typically conducts six bi-monthly …

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 …

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 hikes recurring deposit rates. Check latest RD rates here
1 year, 11 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, 11 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, 11 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, 11 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 …

RBI repo rate hike: How will it affect fixed deposits (FDs)?
1 year, 11 months ago

RBI repo rate hike: How will it affect fixed deposits (FDs)?

Hindustan Times  

In its first monetary policy decision after the Union Budget 2023, the Reserve Bank of India has hiked the repo rate by 25 basis points. With the raising of key benchmark interest rate by 25 basis points to 6.5 per cent, there will be a direct impact on both bank depositors and new loan borrowers. Currently, top banks, such as …

How RBI’s 25 bps repo rate hike could impact your loan EMIs
1 year, 11 months ago

How RBI’s 25 bps repo rate hike could impact your loan EMIs

Live Mint  

As widely speculated, the Reserve Bank of India has hiked the repo rate for the sixth time in a row, by 25 bps to 6.50% with immediate effect. After the RBI's latest repo rate hike on February 8, banks are expected to raise interest rate in retail loans. So, it's of utmost importance for a common man to know how …

DBS Bank India Hikes FD Rates, Know Your Returns Now
1 year, 11 months ago

DBS Bank India Hikes FD Rates, Know Your Returns Now

News 18  

During the last 9 months, the Reserve Bank of India has frequently increased the repo rate to control inflation. After the change, the bank is offering interest rates ranging from 2.50 per cent to 6.50 per cent for the general public and 5.25 per cent to 7.00 per cent for senior citizens. With the increment, DBS Bank India is now …

SBI hikes interest rates for fixed deposits less than ₹2 crore
2 years, 1 month 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, 1 month 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 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 …

Reserve Bank of India to raise interest rate for the fourth time to tame inflation, say experts
2 years, 3 months ago

Reserve Bank of India to raise interest rate for the fourth time to tame inflation, say experts

Firstpost  

The RBI, which has since May raised the short-term lending rate by 140 basis points, may again go for a 50-bps increase to take it to a three-year high of 5.9 per cent, say experts Mumbai: The Reserve Bank of India may take cues from its global counterparts, including the US Federal Reserve, to raise interest rate for the fourth …

SBI raises benchmark lending rate by 0.7%
2 years, 4 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 …

These tax saving fixed deposits promise over 8% returns to senior citizens; details here
2 years, 4 months ago

These tax saving fixed deposits promise over 8% returns to senior citizens; details here

Firstpost  

Fixed deposit schemes are one of the safest investment options for elderly people. Some banks are offering over 8 per cent returns on tax-saving fixed deposits of 5 years. But, before investing in the scheme, you must note that the tax-saver fixed deposits have a lock-in period of 5 years. Here is all you need to know about some tax-saver …

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 …

SBI Hikes Fixed Deposit Interest Rates for These Tenors: Check Latest SBI FD Rates Here
2 years, 5 months ago

SBI Hikes Fixed Deposit Interest Rates for These Tenors: Check Latest SBI FD Rates Here

News 18  

SBI Fixed Deposit Interest Rates Hiked: The country’s largest public sector bank, State Bank of India or SBI has hiked its fixed deposit interest rates for certain tenors. The SBI fixed deposit interest rates are applicable on domestic term deposits of Rs 2 crore and above. The bank has hiked its FD rates by 50 basis points on deposits maturing …

Bank Fixed Deposit: SBI vs PNB vs Bank of Baroda; Check FD Interest Rates at These Banks
2 years, 6 months ago

Bank Fixed Deposit: SBI vs PNB vs Bank of Baroda; Check FD Interest Rates at These Banks

News 18  

Bank Fixed Deposits: As the Reserve Bank of India continued to increase its repo rates during its June meeting of the Monetary Policy Committee, banks also followed suit and hiked their interest rates. For example, SBI fixed deposit interest rates, Bank of Baroda fixed deposit interest rates and Punjab National Bank Fixed deposit interest rates have been increased over the …

SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates
2 years, 7 months ago

SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates

News 18  

With India’s largest lender State Bank of India hiking its marginal cost of funds-based lending rate effective June 15, the minimum home loan interest rate has also been revised upwards. Here’s the latest home loan rates of SBI: The lowest interest rate on home loans that SBI is now offering to borrowers is 7.55 per cent per annum. SBI has …

SBI hikes home loan interest rate; EMIs set to go up
2 years, 7 months ago

SBI hikes home loan interest rate; EMIs set to go up

India TV News  

SBI Home Loan Interest Rate: State Bank of India, the country's largest lender, has hiked the lending rates following the Reserve Bank of India's repo rate hike last week. The central bank had hiked the repo rate by 0.50 per cent to 4.90 per cent. The public sector bank has revised by up to 0.20 per cent the marginal cost …

SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here
2 years, 7 months ago

SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here

News 18  

SBI Fixed Deposit Interest Rates: A week after the Reserve Bank of India increased its repo rates for the second straight time in a row, India’s largest pubic sector lender State Bank of India hiked its interest rates on fixed deposits by up to 20 basis points. For tenures of one year to less than two years, the rates have …

SBI hikes interest rates on fixed deposits: Check new rates here
2 years, 7 months ago

SBI hikes interest rates on fixed deposits: Check new rates here

Live Mint  

The interest rate on fixed deposits has been raised by the country's largest lender, State Bank of India. The new interest rates go into effect today, June 14, 2022, and as a result of the modification, the bank has raised interest rates on deposits of less than ₹2 Cr maturing in 211 days to less than 3 years. SBI will …

SBI increases MCLR | How hiking this lending rate impacts your home, auto loan EMIs
2 years, 7 months ago

SBI increases MCLR | How hiking this lending rate impacts your home, auto loan EMIs

India Today  

The State Bank of India has hiked the marginal cost of lending rate by 10 basis points. SBI HOME LOAN, AUTO LOANS MCLR, which was introduced by the Reserve Bank of India in 2016, is the minimum rate of interest at which a bank can lend loans to its customers. The increase in repo rate - the rate at which …

SBI hikes lending rate by 0.1%, EMIs to go up
2 years, 7 months ago

SBI hikes lending rate by 0.1%, EMIs to go up

The Hindu  

The country's largest lender State Bank of India has raised its marginal cost of funds based lending rate by 10 basis points or 0.1% across all tenures, a move that will lead to an increase in EMIs for borrowers. The lending rate revision by SBI is likely to be followed by other banks in the days to come. SBI's External …

SBI FD Interest Rates Hiked for These Deposits; Check Latest SBI Fixed Deposit Rates
2 years, 8 months ago

SBI FD Interest Rates Hiked for These Deposits; Check Latest SBI Fixed Deposit Rates

News 18  

SBI FD Rates Increased: Jumping into the bandwagon, India’s largest public sector lender State Bank of India, has hiked its fixed deposit interest rates. There is an increase of 90 bps on these tenures, which has consequently made the interest rates on these deposits 4.50 per cent as against the rate of 3.60 per cent earlier, as per the bank’s …

RBI repo rate hike effect: These banks raised rates on lending, deposits
2 years, 8 months ago

RBI repo rate hike effect: These banks raised rates on lending, deposits

Live Mint  

Right after the Reserve Bank of India raised India's repo rate by 40 basis points, the banking sector mimicked the same by increasing interest rates in lending and deposit schemes. Here's a list of banks that have raised their interest rates on either lending benchmarks or fixed deposits or savings after RBI's repo rate hike. It said on its website, …

ICICI, Bank of Baroda, Bank of India hike interest rates on all types of loans
2 years, 8 months ago

ICICI, Bank of Baroda, Bank of India hike interest rates on all types of loans

India TV News  

Highlights RBI on Wednesday in a surprise move hiked the benchmark lending rate to 4.40% to contain inflation It marks the start of an upward cycle in borrowing costs in the last three years Commercial banks have already started increasing interest rate on all types of loans soon Private sector lender ICICI Bank has revised its external benchmark lending rate …

Impact of RBI's repo rate hike on borrowers, investors and the economy
2 years, 8 months ago

Impact of RBI's repo rate hike on borrowers, investors and the economy

Business Standard  

In an unscheduled press briefing yesterday, RBI Governor Shaktikanta Das has said that the Monetary Policy Committee’s off-cycle meet had unanimously voted to hike rates.The rationale behind this decision was the upside risks posed by global factors to India’s inflation trajectory. Meanwhile, the marginal standing facility rate and the Bank Rate stand adjusted to 4.65 per cent.However, the Monetary Policy …

SBI alert: EMIs for State Bank of India customers to go up | Top points
2 years, 8 months ago

SBI alert: EMIs for State Bank of India customers to go up | Top points

India Today  

State Bank of India has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures. An overnight, one-month and three-month MCLR rose by 10 bps to 6.75 per cent, whereas a six-month MCLR increased to 7.05 per cent. At the same time, two-year MCLR increased by 0.1 per cent to …

SBI Hikes MCLR Across All Tenors By 10 Basis Points; Home Loan, Car Loan EMIs May Go Up
2 years, 8 months ago

SBI Hikes MCLR Across All Tenors By 10 Basis Points; Home Loan, Car Loan EMIs May Go Up

ABP News  

New Delhi: State Bank of India, the country’s largest public sector lender, has raised the marginal cost of lending rate by 10 basis points across all loan tenors, according to news reports. Tenor-wise MCLR effective from April 15: Over night: Existing rate — 6.65 per cent; New rate — 6.75 per cent One Month: Existing rate — 6.65 per cent; …

Shares inch up as RBI keeps rates steady to support growth
2 years, 9 months ago

Shares inch up as RBI keeps rates steady to support growth

Hindustan Times  

Shares edged higher on Friday after the central bank kept its key lending rate unchanged at a record low, opting to support post-pandemic economy growth despite rising inflation due to the Russia-Ukraine war. The monetary policy committee of the Reserve Bank of India held the lending rate, or the repo rate, at 4% and voted to keep its monetary policy …

SBI Increases Interest Rates of These Fixed Deposit Tenures; Check Latest FD Rates
2 years, 10 months ago

SBI Increases Interest Rates of These Fixed Deposit Tenures; Check Latest FD Rates

News 18  

SBI FD Rates Increased: Starting from March 10, the State Bank of India has increased interest rates by 20-40 basis points on bulk fixed deposits over Rs 2 core with effect from March 10, 2022. Senior citizens will earn 3.80 per cent, up from 3.60 per cent. The bank says for tenures from 1 year and up to 10 years …

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