SBI Announces Launch Of Two New Deposit Schemes

State Bank of India has launched two new deposit schemes Har Ghar Lakhpati and SBI Patrons, the bank said in an exchange filing on Friday.
SBI has a market share of about 23% in deposits.
This was in line with SBI Chairman C.S Setty’s statements about innovating on deposits.
“These innovative offerings demonstrate the bank’s resolve to prioritize ‘innovation’ and strengthen its market leadership in deposits,” the exchange filing said.

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