deposit rates

SBI steeply slashes deposit rates; lowers lending rates marginally

This is the seventh consecutive cut in lending rates by the bank this fiscal.

Interest rate on small savings hiked after several yrs; PPF to fetch 8 pc now

Interest on savings deposits has been retained at 4 per cent, annually.

SBI hikes bulk deposit rates for second time in 2 months

For tenors from two years to up to 10 years, the rates have been revised upwards to 6 per cent from 5.25 per cent earlier.

Banks seen increasing deposit rates in near term: Icra

Govt under recapitalisation programme will improve ability of PSBs to pursue credit growth in coming months.

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