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SBI cuts interest rates on fixed deposits (FDs), Check new rates here

SBI cuts interest rates on fixed deposits (FDs), Check new rates here
SBI cuts interest rates on fixed deposits (FDs), Check new rates here

SBI cuts interest rates on fixed deposits (FDs), Check new rates here

The country's largest lender State Bank of India (SBI) cuts interest rates on fixed deposits (FDs) on various tenors.

Interest rates have been reduced by 50-75 basis points (bps) for time deposits with shorter tenors of up to 179 days.

SBI cuts interest rates on fixed deposits (FDs), New Rates 

The longer tenors, there is a reduction of up to 20 bps in the retail segment and 35 bps in the bulk segment.

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