NEW DELHI: Country’s largest lender SBI now increased Fixed Deposit rates on select maturities by up to 1 per cent, amid tight liquidity situation.
Fixed deposits with maturity period of 7-90 days will earn eight per cent interest against existing seven per cent, State Bank of India (SBI) said in a statement.
The new rates would be effective from tomorrow for Banks…it can effect to market today…
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
