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