SBI increases saving bank interest rates by 0.30% for deposits

SBI increases saving bank interest rates by 0.30% for deposits of Rs. 10 Crore & above

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SBI increases saving bank interest rates by 0.30% for deposits of Rs. 10 Crore & above

October 19

11:10 2022

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by indadmin

Interest rates for saving Bank deposits below Rs. 10 Crore remains unchanged at 2.70%

By Our Correspondent

Mumbai, October 19: State Bank of India, the largest bank in the country has announced that it has increased the interest rates on saving bank deposits by 0.30% (30 bps) for the balance Rs. 10 crore and above. The interest rates for deposits below Rs. 10 Crore remain unchanged at 2.70%. The revised rates are applicable from October 15, 2022 onwards.