Bandhan Bank hikes interest rates on fixed deposits

(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.