Current Affairs March 2020
State Bank of India reduces FD rates

State Bank of India (SBI) has cut interest rates on fixed deposits (FD) for certain tenors for the second times. It has reduced a rate cut up to 50 basis points (bps) in some tenors, and for some tenors, it has announced a reduction of 10 bps. The new rates were made effective from 10 March. ...

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