SBI, PNB lower deposit ratesWith banks being flush with liquidity and lending activities yet to gather full steam, deposit rates have been on the decline for quite sometime now. State Bank of India of India has cut its deposit rates further for medium and long-term deposits from April 29, 2017. Term deposits for two-three years now will earn an interest of only 6.25 per cent, compared with 6.75 pe...
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