Times of India
Hopes of a fall in interest rates on long-term loans like home loans have dimmed with the State Bank of India on Saturday increasing returns on three- to five-year deposits by 25 basis points. The raise follows healthy loan growth even as deposits...
State Bank of India (SBI) has increased retail term deposit interest rates by 0.25 percentage points for three years to less than five years from 8.75 per cent to 9 per cent with effect from July 1. This rate will be applicable for deposits below Rs.