SBI deposit rates up 15-75 bps

State Bank of India, the country's largest lender, on Friday raised the interest rate on its term deposits by 15-75 basis points to improve returns at a time when inflation has hit a 13-year peak of 11.42 per cent. This is the second revision in deposit rates by SBI in a span of 30 days.
Two other public sector banks
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First Published: Jun 28 2008 | 12:00 AM IST
