With effect from 18 July 2014
State Bank of India has decided to revise the interest rates on bulk and retail term deposits for certain tenure with effect from 18 July 2014.The interest rate on bulk term deposit for Rs one crore and above has been revised downward as follows -
7 days to 60 days: Existing rate 6.50%, Revised rate 6.25%
61 days to less than 1 year: Existing rate 7.00%, Revised rate 6.75%
The interest rate on retail term deposit for below Rs one crore has been revised downward as follows -
7 days to 179 days- Existing rate 7.50%, Revised rate 7.00%
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app