SBI revises interest rates of deposits across all maturities

Mumbai, Jan 06 (UNI) State Bank of India (SBI) today revised interest rates on domestic term deposits of Rs 15 lakh and above but less than Rs One crore to be 8.25 percent across all maturities of one year and above.

Announcing this, a SBI statement said this rate would be on offer for a limited period from January 08 to March 31, 2007.

Currently, the deposit rates for amounts of Rs 15 lakh to less than Rs One crore are spread across different maturities ranging between 7.75 percent for one to three years and 8.25 percent for five to ten years.

UNI