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SBI cuts interest rate on savings accounts to 3%; removes minimum balance requirement
March 11, 2020 | By Cnbctv18.com
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Currently SBI Savings Bank customers’ needs to maintain AMB of Rs 3000, Rs 2000 and Rs 1000 in Metro, Semi Urban and Rural areas respectively. Get latest Finance online at cnbctv18.com
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The State Bank of India (SBI) on Wednesday rationalised interest rate on all savings bank accounts to a flat 3 percent, a move affecting 44.51 crore account holders. The country’s largest public sector lender also waived the requirement for maintaining minimu
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