SBI Increases Interest Rates for FDs Under ₹2 Crore by up to 25 bps

  • The new interest rates are effective from February 15.
  • SBI has increased interest rates for Fixed Deposits (FDs) of less than ₹2 crore by up to 25 basis points (bps).
  • This hike comes shortly after the Reserve Bank of India (RBI) raised the policy repo rate by 25 bps to 6.5%.
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