SBI raises fixed deposit rates by 0.25 per cent

February 27, 2013 13:18

State Bank of India (SBI), the largest bank of the country, today announced increase in interest rate on fixed deposits by 0.25 per cent on select maturities. Of the total 9 maturity periods for fixed deposits, rates have been revised upwards in 4 categories with maturities of over one year. The new rates would be effective from March 1, SBI said in a statement.

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