What SBI revises interest rates for term deposits and lending

The State Bank of India updated interest rates for term deposits and lending rates. Highest interest rates offered are: 7.05% for senior citizens for deposits of less than ₹3 crore and 5-10 years tenures. 6.45% for the general public for the "444 days" specific tenor scheme, Amrit Vrishti. The bank also reduced MCLR rates by 5-10 basis points across various tenures.

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