SBI raises interest rates on bulk deposits by 100 bps from Nov 30

The lender also raised interest by 100 bps on bulk deposits above Rs 10 cr

State Bank of India will raise interest rates on bulk deposits between Rs 1 crore and Rs 10 crore by 100 bps from Thursday.

The lender also raised interest rates by 100 bps on bulk deposits above Rs 10 crore, effective November 30.