April 25, 2024 14:59 (IST)
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Indian Overseas Bank hikes interest rate on deposits

Indian Overseas Bank hikes interest rate on deposits

Chennai-based public sector bank, Indian Overseas Bank, decided to increase the interest rates offered on the medium-term deposits by 05 basis points.

SBI cuts down interest on savings, fixed deposits

SBI cuts down interest on savings, fixed deposits

Mumbai:  State Bank of India (SBI), the largest lender of the country, on Wednesday slashed its savings and term deposit interest rates.