Deposit rates

Loans to get cheaper! SBI cuts lending rates by 5 basis points

The bank also revised its interest rates on term deposits on account of adequate liquidity in the system.

published on : 8th November 2019

After SBI, more PSU banks link deposit and loan rates to repo

Bank of India said another dimension of rate transmission process is by way of offering repo linked lending rate to select customer segments, including personal loans.

published on : 10th August 2019

Bad news for depositors! State Bank of India cuts interest rates on various tenors

Interest rates have been reduced by 50-75 basis points for time deposits with shorter tenors of up to 179 days, SBI said in a statement on Monday.

published on : 29th July 2019