Thursday, 9 April 2015

SBI revises interest rates on bulk deposits

SBI has cut the rates by 25 bps to 8.25% on its 5-10 years bulk deposits from April 10.

State Bank of India, SBI
The SBI (State Bank of India) has revised the interest rate on bulk deposits after the RBI decided to maintain status quo on policy rates.
The bank has cut the rates by 25 bps to 8.25% on its 5-10 years bulk deposits from April 10, according to a media report.

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