Bank of Baroda, HDFC Bank raise interest rates on fixed deposits (FDs)
Updated: 16 Jun 2022, 12:40 PM IST
TL;DR.After Reserve Bank raised its repo rate by 90 basis points in past two monetary policies, several banks have raised their lending and deposit rates
HDFC Bank also raised the interest rates on recurring deposits w.e.f. June 15, 2022.