On an FD of one year, SBI has cut fixed deposit (FD) by 10 basis points from 6.80 percent to 6.7 percent for general citizens. On an FD of two to three years, SBI has cut its FD interest rate from ...

China will cut the seven-day reverse repurchase rates by 10 basis points to 1.4% from 1.5%, the People's Bank of China Governor Pan Gongsheng said at a press briefing. That will bring down the ...