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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

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Last Updated : Nov 29 2017 | 10:04 PM IST

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.