State Bank of India increases rates by 10 to 25 bps some maturities of deposits

State Bank of India raises interest rates on retail and bulk fixed deposits of some maturities by between 10 bps to 25 bps. Retail deposits of longer maturities will now yield 6.75 percentage, 25 bps more than earlier. The rate on 1 year retail deposits was left unchanged at 6.4 percentage.