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SBI

SBI hikes interest rates on FDs

The State Bank of India (SBI) has raised interest rates on certain fixed deposits (FDs) by up to 0.5 per cent with immediate effect. The bank has hiked the interest rate on deposits maturing between 7 days to 45 days to 3.50…

SBI hikes base rate of lending

State Bank of India (#SBI) has hiked its base rate of lending from 10.10 per cent to 10.25 per cent which is likely to lead to an increase in EMIs of home, auto and personal loans. The increase in marginal cost of lending rate…