Thursday, June 23, 2022

List of banks that have increased FD interest rates in the last two weeks

Banks and NBFCs have finally begun to raise FD interest rates after years of being stuck with decadal low interest rates. They have begun to rise as the Reserve Bank of India (RBI) raised the repo rate by 90 basis points (bps) in June and May. Many banks have raised FD interest rates for various tenures.

from Personal Finance News-Wealth-Economic Times https://ift.tt/omZDxYC

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