Tag Archives: term deposit interest rates

SBI Reduced Term Deposit Interest Rates

November 23, 2009

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SBI Reduced Term Deposit Interest Rates SBI has reduced the term deposits interest rates effective from 9th November, 2009. The difference from the previous rates are varied from 0.25% – 0.50%. Interest Rates for Deposits below Rs. One Crore (% p.a.) Tenors Existing w.e.f. 05.10.2009 (% p.a.) Revised w.e.f. 09.11.2009 (% p.a.) 15 days to [...]

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SBI cuts deposit rates effect from October 5,2009

October 6, 2009

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India’s largest bank SBI has announced that they are reducing the interest rates on all their domestic fixed deposit schemes by 0.25%. This is with effective from October 5, 2009. “We have brought down term deposit rates gradually. Going forward, this will marginally improve our net interest margin. We have not taken a call on [...]

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ICICI Bank to reduce FD Interest Rates from August 17, 2009

August 13, 2009

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I am writing this post to inform you about the Interest Rates reduction by ICICI Bank in this month. ICICI Bank announced that it offers 8.65% interest rates to the new customesr if they are opening till August 16, 2009. The rates will be reduced with effect from August 17, 2009. If you have plan [...]

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