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SBI raises auto sweep deposit threshold to Rs 50,000: Here's what it means for investors
The State Bank of India (SBI) has revised its rules for auto sweep deposits, also known as the Multi Option Deposit Scheme (MODS). Effective September 1, 2025, the threshold balance in a savings ...
Did our AI summary help? If you’ve ever been told by a bank that your savings account can “automatically earn fixed-deposit interest,” they were most likely referring to an auto-sweep facility. It ...
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