State Bank of India (SBI) has announced about the following:
Revision in Interest rates on domestic term deposits
"A special interest rate of 8.25% p.a. will be offered on domestic term deposits of Rs 15 lacs and above but less than Rs 1 Crore for all maturities of 1 year and above with effect from January 08, 2007 This offer would expire on March 31, 2007."