Looking for higher savings returns? SBM Bank revises savings account rates -- who benefits most? | Collector

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Looking for higher savings returns? SBM Bank revises savings account rates -- who benefits most?

Business Today

Looking for higher savings returns? SBM Bank revises savings account rates -- who benefits most?

SBM Bank India has revised its savings account interest rate structure, offering up to 7% annual interest for high-value deposits while enhancing returns for customers across multiple balance slabs. The move is aimed at attracting India's rapidly growing emerging affluent segment, which is increasingly seeking higher returns on liquid funds without sacrificing flexibility.

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