SBI Raising Deposit Rates Is More Important Than RBI Raising Rates

2018-7-31 17:35

SBI has again raised deposit rates, not waiting for RBI signal.. albeit marginally,not only for shorter duration upto 90 days but also for longer maturities. They are not only realigning their rates to market but also making a judgement call of taking long term money 50 bp higher than last time. SBI was the biggest […]

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