Trusted News Discovery Since 2008
{{/content}}
SBI increases deposit rates by up to 50 basis points
Credit: IndiaTimes- Published on December 27, 2023
SBI has raised interest rates on short-term fixed deposits by 50 basis points, marking its largest increase in recent months. The bank now offers 3.5% return on deposits between 1 week and 45 days, and 4% for senior citizens. SBI's 400-day Amrit Kalash scheme provides 7.1% interest (7.6% for senior citizens) until March 31, 2024....
You are here
Related news from verified sources
Bank of Baroda has increased interest rates on short-term deposits by up to 125 basis points (100bps = 1 percentage point). The move comes a day after the...
on December 28, 2023 • IndiaTimes