SBI Cuts Rates Again—Will Your Fixed Deposits Take a Hit?

Unknown Apr 02, 2026 750 Views

State Bank of India has lowered its savings account interest rate to 2.5 percent, the lowest it has ever been. This change took effect on June 15 and applies to all account balances. At the same time, SBI has reduced fixed deposit rates by 25 basis points across all tenures for retail customers w...