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Industry & Economy - NRIs
SBH reduces NRE interest rates

Hyderabad, Nov 1

State Bank of Hyderabad has reduced interest rates on Non-Resident External (NRE) term deposits with effect from November 1. The interest on deposits for one year to less than two years has been revised to 4.64 per cent, for two years to less than three years, 4.46 per cent and 4.53 per cent on deposits between three to five years, according to a release. - Our Bureau

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