September 30, 2010 2:03 PM

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SBI raises deposit rates by 25 basis points

The country's largest lender, State Bank of India today said it will raise deposit rates by 25 to 75 basis points from tomorrow. But SBI has kept the minimum rate of interest on loans unchanged, at 7.5 per cent. Last month, SBI had raised its benchmark lending rate by 50 basis points, and deposit rates by up to 150 basis points.

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