2 min read.Updated: 13 Aug 2022, 02:51 PM ISTVipul Das
The country's largest lender, State Bank of India (SBI) has hiked interest rates on fixed deposits of less than ₹2 Cr.
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The country's largest lender, State Bank of India (SBI) has hiked interest rates on fixed deposits of less than ₹2 Cr. The bank's website states that the revised rates are effective as of 13.08.2022. Following the adjustment, the bank increased interest rates on a variety of tenors and is currently providing fixed deposits with maturities ranging from 7 days to 10 years with interest rates ranging from 2.90% to 5.65% for the general public and 3.40% to 6.45% for senior citizens.
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