SBI interest rates up on fixed deposits

​New Delhi: The SBI on Wednesday raised interest rates on fixed deposits across various tenures by 10-25 basis points. On deposits of less than Rs1 crore for a tenure of two to three years, the interest rate has been raised to 6.60 per cent from 6.50 per cent, according to a statement on the bank’s website. 

For tenures of three to five years and five to 10 years, rates have been hiked from 6.50 per cent to 6.70 per cent, and from 6.50 per cent to 6.75 per cent, respectively.