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India 19th July, 2003 |
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SBI revises NRE deposit rates
State Bank of India has revised interest rates for their Non Resident External (NRE) account with effect from July 17, 2003. The revised interest rates payable on NRE Rupee deposits effective from 17th July 2003 would be as under:
| S.No |
Duration |
Interest Rate |
| 1 |
1 - 2 years |
3.70 |
| 2 |
2 -3 years |
4.20 |
| 3 |
3 years |
4.70 |
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