Last updated: February 06, 2023, 6:04 PM IST
Bandhan Bank said on Monday it has raised interest rates on fixed deposits by 25-50 basis points based on maturity. The revised FD rates will apply to retail deposits up to Rs 2 crore and will be effective from February 6, the Kolkata-based lender said in a press release.
This is the bank’s second rate hike on fixed deposits in the past three months, following the RBI’s hardening of rates, it said.
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