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Hyderabad, Sept. 30

State Bank of Hyderabad (SBH) has increased interest rates on domestic term deposits with effect from October 1. According to the revised rates, interest rates on deposits for 180 days to less than one year would be at 10.25 per cent (as against existing 9 per cent) and 10.35 per cent (9.10 per cent) for below Rs 15 lakh and Rs 15 lakh to Rs 1 crore, respectively. On deposits between two years and less than three years, the interest would be at 10.25 per cent (9.75 per cen t) and 10.35 per cent (9.85 per cent) for below Rs 15 lakh and Rs 15 lakh to Rs 1 crore, respectively, said a release. –

Our Bureau

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