Tuesday, April 30, 2019

SBI savings a/c holders with Rs 1 lakh plus balance to get lower interest from Wednesday

SBI savings a/c holders with Rs 1 lakh plus balance to get lower interest from Wednesday According to the information provided on the website of State Bank of India (SBI), the interest rate on savings bank accounts with balances above Rs 1 lakh will be 2.75 per cent below the RBI#39;s repo rate, which currently stands at 6 per cent.

from Moneycontrol Business News http://bit.ly/2GLndRU

No comments:

Post a Comment

Short-term volatility may persist, but FII flows and economic activity to keep sentiment positive: Vikas Khemani

Vikas Khemani of Carnelian Asset Management remains optimistic about Indian markets, citing a strong domestic growth story and the resolutio...