SBI Hikes FD Interest Rates by up to 65 bps

SBI New FD Interest Rates:

There was a fall in the Indian stock markets after the meeting of the US Fed Reserve.

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[{"selector":"#anim-97ca4ac6-ee71-4438-9683-1c0d40302153 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(56.87499988622573%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5d2cd998-d006-4800-88e2-00de3d29486f","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a378c5cd-31d8-43b7-b231-7c3f215d5756","keyframes":{"transform":["translate3d(0px, 155.15876%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Let us tell you that after the recent increase in repo rate by 35 basis points by RBI, SBI has increased the interest rate on FD.

[{"selector":"#anim-572ce936-4ad1-4bb3-b351-efe0e40aff2c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-45.41666655289238%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f1dca7ca-fb80-4629-9506-0b2e61758b23","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64833015-e993-4f74-8cad-f2a3404dfcb5","keyframes":{"transform":["translate3d(0px, 162.80198%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] According to the State Bank of India, the increased rates have come into effect from December 13, 2022,

[{"selector":"#anim-1f18595a-24ec-40b1-a38f-9c00d18ed6a9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-35.64618605018153%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ef0f5a69-62ac-4fd3-aa9b-e5f1153c4dc0","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3c189b5d-9c4b-405a-a05e-e5667696836d","keyframes":{"transform":["translate3d(0px, 153.01588%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Let us know what are the new Fixed Deposit (FD) interest rates of the State Bank of India (SBI) after the rate hike.

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[{"selector":"#anim-e1f1547c-5abf-4dda-afc4-1b6df36994af [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-25.416666552892387%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d666d465-6e4e-41fa-95ae-bc6be4023671","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ff8866b-9b0e-4b44-b0b7-8616afa0fc64","keyframes":{"transform":["translate3d(0px, 185.41068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Duration: 1 year to 2 years Old interest rate: 6.10% New interest rate: 6.75% Increased bps: 65 Points

[{"selector":"#anim-cfdf17de-693e-4b27-a21e-60de0dca0b92 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0.6314408565184745%, 2.8645836730759715%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d2d0d078-187b-413f-816d-226c2f5870be","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d7f8a295-c028-4311-bf69-954d75567209","keyframes":{"transform":["translate3d(0px, 173.23678%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Duration: 2 years to 3 years Old interest rate: 6.25% New interest rate: 6.75% Increased bps: 50 Points

[{"selector":"#anim-7f8f099c-4297-4cca-8db6-ea0ae947b4f6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-40.03623178512383%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-be72fc04-cfcd-4420-969c-23d1248def62","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb69b140-28fa-42c3-9808-3ce1ead9ef88","keyframes":{"transform":["translate3d(0px, 173.23678%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Duration: 3 years to 5 years Old interest rate: 6.10% New interest rate: 6.25% Increased bps: 15 Points

[{"selector":"#anim-b904f24a-c0e9-406f-9d15-43f0e4b03853 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-0.05655553860609044%, 13.503649192119623%) scale(0.7299270072992701)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":5000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b25c0573-7f82-46b7-9590-644a74a6f5f9","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e963886-a557-4bdf-901b-de3fa5d2953b","keyframes":{"transform":["translate3d(0px, 173.23678%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Duration: 5 to 10 Years Old interest rate: 5.50% New interest rate: 5.75% Increased bps: 15 Points

[{"selector":"#anim-214a0a81-d555-4469-9b3d-c9453d826081 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(35.92369629223924%, 0, 0) translate(24.03846153846154%, -22.226746271781067%) scale(1.4807692307692308)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":6000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-4fd4f1eb-707a-4ea7-bab5-cb9f2b4c3558","keyframes":{"opacity":[0,1]},"delay":700,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fc62a8fc-2df2-491c-9257-52b06a5729a0","keyframes":{"transform":["translate3d(-114.8265%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Let us tell you that these new interest rates will be applicable on the renewal of new deposits and maturing accounts. Crypto Rates Today