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

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

MUMBAI: 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 of 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.

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source https://nrinews24x7.com/sbi-increases-saving-bank-interest-rates-by-0-30-for-deposits-of-rs-10-crore-above/

October 18, 2022