Recently which bank launched the Amrit Vrishti scheme with a 444 day fixed deposit term and up ...........

Current GK (SBI-CL) Banking Awareness

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Recently, which bank launched the Amrit Vrishti scheme with a 444-day fixed deposit term and up to 7.75% interest?

Canara Bank

HDFC Bank

Federal Bank

SBI Bank

Explanation:

State Bank of India (SBI) has launched a 444-day term deposit scheme, “Amrit Vrishti”, with an interest rate of 7.25 per cent. This scheme is available to domestic and non-resident Indian customers and will be effective July 15, 2024. India’s largest bank will offer an additional 0.50 per cent to senior citizens on the scheme.