Which bank increased interest rates for fixed deposits less than Rs. 1 – InterviewSolution

InterviewSolution

1.	Which bank increased interest rates for fixed deposits less than Rs. 1 crore?
Answer» State Bank of India (SBI) revised its fixed deposit (FD) interest rates on select maturities by 0.05-0.10 per cent or 5-10 basis points. The hiked interest rates are on deposits below Rs. 1 crore. These changes were done ahead of the fifth bi-monthly monetary policy review outcome on December 5.

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