SBI cuts rates on NRE/NRO deposits SBI cuts rates on NRE/NRO deposits
State Bank of India on Monday said it has reduced interest rates in
NRE/NRO deposits of five years and more maturity, to 8.50 per cent.
PTI - New Delhi,
- Updated Aug 06, 2012, 11:27 PM IST
State Bank of India on Monday said it has reduced interest rates in NRE/NRO deposits of five years and more maturity, to 8.50 per cent.
"The bank has decided to revise downwards the interest rates on NRE/NRO deposits for tenors of 5 years and above to 8.50 per cent per annum with effect from August 7, 2012," it said in a BSE filing.
Published on: Aug 06, 2012, 11:20 PM IST
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