State Bank of Travancore (SBT) has revised the interest rates for domestic/NRO/NRE term deposits with effect from Monday. The bank has also reduced the base rate from 10.50 per cent to 10.25 per cent and the benchmark prime lending rate from 15.50 per cent to 15.25 per cent. For domestic/NRO term deposits of 15 to 180-day duration, the interest rate will be 7 per cent for amounts up to Rs.15 lakh and 7.5 per cent for amounts above Rs.15 lakh. — Special Correspondent

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