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SBI pares savings account interest rate to 3%, scraps minimum balance fine
March 11, 2020 | By Business-standard.com
business
No more SMS charges, Home and auto loan customers to gain as MCLR is slashed by 10-15 bps in tenth such cut this year
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In major rate revision, State Bank of India (SBI) has decided to pay interest at a flat 3 per cent per annum to savings bank account holders. Earlier, it paid 3.25 per cent for balances up to Rs 1 lakh. The rate was 3 per cent for savings bank deposit accoun
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