Fixed Deposits: 7 banks that have raised interest rates in August. Details here
Updated: 23 Aug 2022, 12:04 PM IST
TL;DR.The Reserve Bank of India (RBI) raised the repo rate by 50 basis points to 5.40 percent on Aug 5 for the third in a row. These consecutive repo rate hikes have raised fixed deposits (FDs) interest rates, spelling a great news for the conservative investors. Here we list out almost all the banks that have raised their fixed deposit interest rates since the repo rate rise.
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