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State Bank of India brings down its peak interest rate

Updated: 17/Sep/2014 10:12:10 AM
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State Bank of India brings down its peak interest rate
State Bank of India (SBI) has brought down its peak interest rate on domestic term deposits between one and three years to 8.75% from 9% earlier. The bank has also revised upward by 25 basis points rates in deposits between six months to 210 days to 7.25%.