SBI Deposit Rates

No more SMS charges, Home and auto loan customers to gain as MCLR is slashed by 10-15 bps in tenth such cut this year

With this reduction, the one year MCLR, to which most of its loan prices are linked, will come down to 8 per cent

Bank official hints at another round of rate cuts following low credit offtake

The retail deposit rates for two years to up to 10 years have been changed by 0.50 per cent to 6.50 per cent from 6 per cent