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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 ...
For most people, money sitting idle in a savings account earns minimal interest. However, banks now offer a smart option called the Auto Sweep facility, which allows customers to convert excess ...
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