deposit rate
SBI cuts deposit rates 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.
ICICI Bank ups retail term deposit rates by up to 0.25 pc
The bank will offer 7.50 per cent interest on deposits under Rs 1 crore for a tenor of above two years up to three years.
SBI hikes lending rates by up to 20 bps to 8.15 per cent
This is the first lending revision by the bank since April 2016 and comes a day after it massively raised retail and bulk deposit rates.
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