SBI revises fixed deposit rates on select maturities
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Mumbai: State Bank of India (SBI) on Tuesday adjusted interest rates offered on fixed deposits across some maturities.
The country’s largest lender raised deposit rates for deposits between 180 days and 210 days from 7% to 7.25%. For deposits from one year to less than three years, SBI has brought down its interest rate to 8.75% compared with 9% offered earlier, the bank said in a filing with exchanges.
At 11.20am, shares of SBI were trading at Rs.2,626 apiece, up 0.07%. The BSE Sensex was trading at 26,787, down 0.11%.
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