HomeBusinessBandhan Bank Hikes Interest Rates on Fixed Deposits

Bandhan Bank Hikes Interest Rates on Fixed Deposits


Last Updated: February 06, 2023, 18:04 IST

Bandhan Bank’s revised FD rates are applicable for retail deposits of up to Rs 2 crore, and are effective from February 6.

This is Bandhan Bank’s second rate hike on fixed deposits in the last three months, following the hardening of rates by the RBI

Bandhan Bank on Monday said it has hiked interest rates on fixed deposits by 25-50 basis points based on the maturity period. The revised FD rates are applicable for retail deposits of up to Rs 2 crore, and are effective from February 6, the Kolkata-based lender said in a release.

This is the bank’s second rate hike on fixed deposits in the last three months, following the hardening of rates by the RBI, it said.

Read all the Latest Business News here

(This story has not been edited by News18 staff and is published from a syndicated news agency feed)



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments