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Industry & Economy - NRIs
SBH raises NRE deposit rates

Our Bureau

Hyderabad, June 4

State Bank of Hyderabad (SBH) has increased interest rates on non-resident external (NRE) term deposits with effect from June 1. According to a release, on deposits from one year to less than two years, the interest rate has been increased to 5.39 per cent (5.3 per cent), from two to less than three years 5.32 per cent (5.06 per cent) and from three to five years 5.3 per cent (5.01 per cent).

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