https://www.taxtmi.com/news?id=1354 State Bank of India implemented an across-the-board increase in deposit interest rates, effective the day after the announcement, raising returns on fixed deposits across multiple maturities. The revision aligns with contemporaneous rate actions by other lenders and follows regulatory encouragement to improve depositor yields; larger relative increases were applied to short-term term deposits while the maximum announced retail rate applies to long-term maturities. en-us Mon, 06 Dec 2010 22:57:40 +0530 Mon, 06 Dec 2010 22:57:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1354 State Bank of India implemented an across-the-board increase in deposit interest rates, effective the day after the announcement, raising returns on fixed deposits across multiple maturities. The revision aligns with contemporaneous rate actions by other lenders and follows regulatory encouragement to improve depositor yields; larger relative increases were applied to short-term term deposits while the maximum announced retail rate applies to long-term maturities. News - Mon, 06 Dec 2010 22:57:40 +0530 https://www.taxtmi.com/news?id=1354