SBI hikes interest rate on select FDs

SBI hikes interest rate on select FDs

Mumbai : India | Jun 30, 2012 at 6:09 AM PDT
Source: The Hindu
Views: Pending
In a surprise move, country's largest bank SBI on Saturday increased interest rates on select fixed deposits by 0.25 per cent. Deposits under Rs 15 lakh for a period of three years but less than five years will fetch an interest rate of 9 per cent, up from 8.75 per cent, State Bank of India (SBI) said in a statement... FULL ARTICLE AT The Hindu
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