Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The State Bank of India (SBI) has increased its fixed deposit interest rates for certain tenures on retail deposits up to ₹2 crore. The hike ranges from 0.25% to 0.75%, with the new rates effective from May 15, 2024. Specifically, the interest rate for 46 to 179-day deposits has risen from 4.75% to 5.50%. This adjustment aims to provide better returns for fixed deposit customers. The increases apply to select short-term maturity deposits.
STORY | #SBI raises FD rate on select short-term maturity up to 75 bps READ: https://t.co/AC6s8H3vp4 https://t.co/q63r6HjBAa
The State Bank of India has raised fixed deposit rates by up to 75 bps, with 46 to 179-day deposits increasing from 4.75% to 5.50%, effective May 15, 2024. Watch for more details #ITNewsbyte #SocialMediaSpecial #SBI #FixedDepositRates #PersonalFinance @sakshibatra18 https://t.co/Fckq6teMls
Save More From #FD: #SBI Hikes Fixed Deposit Interest Rates, Check Full Details Here #FDRate #Banking #Finance #Savings https://t.co/Kjurk5fZ3r
