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Sbi Savings Rate Cut

SBI pares savings account interest rate to 3%, scraps minimum balance fine

No more SMS charges, Home and auto loan customers to gain as MCLR is slashed by 10-15 bps in tenth such cut this year

SBI pares savings account interest rate to 3%, scraps minimum balance fine
Updated On : 11 Mar 2020 | 11:49 PM IST

Savings rate cut: Decline in govt banks' deposit share may accelerate

High share of PSBs in deposits has weighed on their cost structure, which the rate cut will correct

Savings rate cut: Decline in govt banks' deposit share may accelerate
Updated On : 02 Aug 2017 | 2:53 AM IST

Cut in SBI's savings rate: Banks' margin to benefit

Many banks are waiting for RBI's policy action to decide on savings bank rate after SBI's move

Cut in SBI's savings rate: Banks' margin to benefit
Updated On : 02 Aug 2017 | 1:15 AM IST