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SBI raises Fixed Deposit interest rates

The new interest rates are applicable on retail deposits below Rs 1 crore.

Written by: India TV Business Desk New Delhi Updated on: July 30, 2018 15:52 IST
State Bank of India 
Image Source : PTI

State Bank of India 

The State Bank of India (SBI) revised its fixed deposit (FD) interest rates on Monday. The revised rates are effective immediately as the country’s largest lender has hiked the interest rates by up to 10 basis points.

The new interest rates are applicable on retail deposits below Rs 1 crore. 

India Tv - SBI raises FD interest rates

Image Source : SBI

SBI raises FD interest rates 

India Tv - SBI raises FD interest rates

Image Source : SBI

SBI raises FD interest rates 

India Tv - SBI raises FD interest rates

Image Source : SBI

SBI raises FD interest rates 

The revision in fixed deposit interest rates by SBI comes ahead of Reserve Bank of India's third bi-monthly policy review, which is scheduled to be released on August 1.

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