SBI Reduced Term Deposit Interest Rates
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 45 days
2.75
15 days to [...]
SBI cuts deposit rates effect from October 5,2009
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 reducing [...]
ICICI Bank to reduce FD Interest Rates from August 17, 2009
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 [...]
