State Bank of India (SBI) has announced a reduction in interest rates for retail term deposits, effective from 16th May 2025.

The country’s largest lender State Bank has slashed the interest rate on savings bank deposits by a hefty 25-50 bps to 2.5% from the existing 2.7%, the lowest o ...

State Bank of India (SBI) has lowered interest rates on savings accounts and fixed deposits. These changes are effective from ...

State Bank of India (SBI) has reduced interest rates on fixed deposits and savings accounts, effective June 15, 2025, ...

Country's largest lender State Bank of India (SBI) has cut fixed deposit ... retail domestic term deposits below ₹3 crore is applicable for both general public and senior citizens.

Amidst the changes in interest rates in recent months, many big public sector banks (PSU banks) have cut the interest rates of their fixed deposit (FD) schemes. The Reserve Bank of India (RBI ...

With declining fixed deposit rates ... offers 7.25% for deposits between 24 to 60 months, while SBI pays 6.3% for deposits spanning 5 to 10 years. Senior citizens can earn 50 to 100 basis points ...

Some analysts say that the data points to retail investors moving away from fixed return instruments—like term deposits ... whereas small savings schemes like 3-Year and 5-Year Post Office Time ...

India’s largest lender, State Bank of India ... fixed deposits for the second consecutive month, responding to the Reserve Bank’s dovish monetary policy with the repo rate now standing at 6 per cent.

As per the bank's website, the cut in interest rates on retail domestic term deposits below Rs 3 crore is applicable for both general public and senior citizens.