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SBI interest rate News

State Bank of India

01 Mar 2018

SBI's Holi gift to its customers with 0.50% rate hike on FDs

The State Bank of India offered a Holi gift to its customers by increasing the interest rate given on fixed deposits.

03 Aug 2017

FM defends SBI decision to cut saving account interest rate

Finance Minister Arun Jaitley on defended the State Bank of India's decision to cut interest rate on saving accounts of less than Rs 1 crore, saying the move was in sync with reduction in lending rate.

Statae Bank of India interest rate

29 Oct 2016

SBI, ICICI Bank slash lending rates

Top two lenders in the country, State Bank of India (SBI) and ICICI Bank, today announced a cut of 0.15 percent and 0.10 percent in their lending rates respectively under a new system of computation, signalling a further dip in borrowing costs ahead of the busy season.

15 Jul 2014

SBI cuts fixed deposit rate on select maturities by 0.5%

Interest rate on fixed deposits between 7-179 days has been reduced to 7 percent from 7.5 percent.

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