State Bank of India (SBI) has reduced the interest rate on savings accounts by a marginal 5 basis points to 2.70 per cent effective from October 15. The new saving rates are applicable on balances of less than Rs 10 crore, on which the bank earlier offered 2.75 per cent per annum interest.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YKFkRyU
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