With effect from 7 July, the interest rate on Savings Bank (SB) deposits to £ 1 lakh has been reduced from 2.75% to 2.5%, while the green deposit rate has been reduced to 6.7% of 7% for a term of office of 999 days. | Photocredit: Bijoy Ghosh/Businessline The Bank of India (BOI) has reduced […]