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| 1. |
Which bank cuts interest rate on savings bank balance of up to Rs 50 lakh has been reduced to 3.5 per cent from the current annual 4 per cent? |
| Answer» After SBI, the Bank of Baroda cuts interest rate on savings bank balance of up to Rs 50 lakh has been reduced to 3.5 per cent from the current annual 4 per cent. However, for balance above of Rs 50 lakh, the bank has retained the rate at 4 per cent. However, for balance above of Rs 50 lakh, the bank has retained the rate at 4 percent. | |