SBI hikes fixed deposit rates, list of new rates released

SBI has raised interest rates on certain fixed deposits by up to 50 basis points. Deposits maturing in seven days to 45 days will now fetching 3.50% interest rate. Interest rate for deposits maturing in 46 days to 179 days will be 4.75%, 180 days to 210 days (5.75%) and 211 days to less than 1 year tenors (6%)