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SBI hikes interest rates by 0.30 pc

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New Delhi: The State Bank of India (SBI) on Tuesday increased the interest rates on saving bank deposits by 0.30 per cent for a balance Rs 10 crore and above.

The interest rates for deposits below Rs 10 crore remained unchanged at 2.70 per cent.

The revised rates are applicable from October 15, a statement from the bank said.

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