SBI Lowers Bulk Fixed Deposit Rates and Updates Withdrawal Rules from August 15
State Bank of India (SBI) has reduced interest rates on bulk fixed deposits of Rs 3 crore and above, effective August 15, 2026. Rates for short-term tenures from 7 to 179 days were cut by 25 basis points, and by 10 basis points for 180 to 210 days. Interest rates for deposits of 211 days to 10 years remain unchanged. Senior citizens receive a 50 basis point premium on long-term rates. SBI also introduced a 1 percent penalty on premature withdrawals for bulk deposits.
First-hand measurement across 5 sources
We measured how 5 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (49/100). Lens Score 40/100.
Outlets measured: english, thefinancialexpress, mint, indiatoday, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (45–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 19 Aug, 08:56 am. Other outlets followed.