Last updated: February 06, 2023, 6:04 PM IST
Bandhan Bank’s revised FD rates will apply to retail deposits up to Rs 2 crore and will be effective from February 6.
This is Bandhan Bank’s second rate hike on fixed deposits in the past three months, following the RBI’s hardening of rates
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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