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Discussion :: International - Latest Current Affairs (Q.No.369)

369. 

The country's largest lender SBI on April 7, 2020 said it has cut savings rate by 25 bps to what percent on all depositson all deposits?

[A]. 3.00 %
[B]. 2.75 %
[C]. 2.50 %
[D]. 2.15 %

Answer: Option B

Explanation:

The country's largest lender SBI on April 7, 2020 said it has cut savings rate by 25 bps to 2.75% on all depositson all deposits. The new rate will come into effect from April 15, 2020.

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