SBI interest rate

RBI Repo Rate: Good News For Borrowers! SBI Reduces Interest Rate By 25bps; Effective From THIS Date...

RBI Repo Rate: Meanwhile, private sector major HDFC Bank has lowered interest rate on savings accounts by 25 basis points to 2.75 per cent which is the lowest among peers in the private sector. 

Apr 14, 2025, 19:40 PM IST

SBI's Holi gift to its customers with 0.50% rate hike on FDs

The State Bank of India offered a Holi gift to its customers by increasing the interest rate given on fixed deposits.

Mar 01, 2018, 22:39 PM IST

FM defends SBI decision to cut saving account interest rate

Finance Minister Arun Jaitley on defended the State Bank of India's decision to cut interest rate on saving accounts of less than Rs 1 crore, saying the move was in sync with reduction in lending rate.

Aug 03, 2017, 14:04 PM IST

SBI, ICICI Bank slash lending rates

Top two lenders in the country, State Bank of India (SBI) and ICICI Bank, today announced a cut of 0.15 percent and 0.10 percent in their lending rates respectively under a new system of computation, signalling a further dip in borrowing costs ahead of the busy season.

Oct 29, 2016, 13:08 PM IST

SBI cuts fixed deposit rate on select maturities by 0.5%

Interest rate on fixed deposits between 7-179 days has been reduced to 7 percent from 7.5 percent.

Jul 15, 2014, 15:09 PM IST