Kumari Palany & Co

State Bank of India brings down its peak interest rate

Posted on: 17/Sep/2014 10:12:10 AM
State Bank of India (SBI) has brought down its peak interest rate on domestic term deposits between one and three years to 8.75% from 9% earlier. The bank has also revised upward by 25 basis points rates in deposits between six months to 210 days to 7.25%.