scorecardresearchBandhan Bank hikes interest rates on fixed deposits

Bandhan Bank hikes interest rates on fixed deposits

Updated: 06 Feb 2023, 07:20 PM IST
TL;DR.
  • 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.
This is the bank's second rate hike on fixed deposits in the last three months.

This is the bank's second rate hike on fixed deposits in the last three months.

(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 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.

 

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First Published: 06 Feb 2023, 07:20 PM IST