Sunday, July 8, 2012

SBH Reduced Interest Rates for short Term Deposits - Latest Banking News

Here is latest information of Financial Business Banking News on India's popular bank SBH Reduction of  Interest Rates for short Term Deposits.

State Bank of Hyderabad has revised interest rates for short term deposits. From July 1 st onwards, the decreased interest rate will be 7.25% instead of 8%, for deposits of 46 days to 179 days.

For 180 days to one year time period deposits, the interest rate is 8% instead of 8.50%. 

Other deposits interest rates remaining same without change. For deposits of 1 year to 3 years time period deposits 9.25% and 3 to 10 years time period deposits 9% interest rate is offered.

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