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SBI revises interest rates on loans, FDs, savings deposits: check new rates

SBI has lowered rates on fixed deposits by 10 basis points for '1 year to less than 2 years' maturity with effect from October 10, 2019

Topics
State Bank of India | SBI Home Loan | Fixed deposits

BS Web Team  |  New Delhi 



State Bank of India cuts interest rates
SBI has kept interest rates on savings account deposits above Rs 1 lakh unchanged

The (SBI) on Wednesday made several announcements with regards to interest rates. While borrowers stand to benefit from the new rates announced, some savings account holders will receive lower interest payment on their deposits from November 1, 2019. The bank has also cut interest rates on or FDs, its second revision in a month.

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First Published: Wed, October 09 2019. 16:10 IST

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