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State Bank of India revises interest rates on retail term deposits

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Capital Market
Last Updated : Dec 05 2014 | 10:46 PM IST

With effect from 08 December 2014

State Bank of India announced the revision in interest rates on retail term deposits (below Rs One crore) as under with effect from 08 December 2014:

For tenure 1 year to less than 3 years - revised from 8.75% to 8.50%

For tenure 3 years to less than 5 years - revised from 8.75% to 8.50%

For tenure 5 years and above - revised from 8.50% to 8.25%.

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First Published: Dec 05 2014 | 1:49 PM IST

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