NewsBizkoot.com

BUSINESS News for MILLENIALAIRES

SBI Cuts Savings Deposit Rate By 5 Basis Points, To 2.70 Pc; BoB Raises FCNR Deposit Rates

1 min read
State Bank of India (SBI) has reduced the interest rate on savings accounts by a marginal 5 basis points to 2.70 per cent effective from October 15. The new saving rates are applicable on balances of less than Rs 10 crore,

State Bank of India (SBI) has reduced the interest rate on savings accounts by a marginal 5 basis points to 2.70 per cent effective from October 15. The new saving rates are applicable on balances of less than Rs 10 crore,State Bank of India (SBI) has reduced the interest rate on savings accounts by a marginal 5 basis points to 2.70 per cent effective from October 15. The new saving rates are applicable on balances of less than Rs 10 crore,

About Author