Latest News | Bandhan Bank Hikes Interest Rates on Fixed Deposits
Get latest articles and stories on Latest News at LatestLY. Bandhan Bank on Monday said it has hiked interest rates on fixed deposits by 25-50 basis points based on the maturity period.
Kolkata, Feb 6 (PTI) 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.
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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.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)