Last Update: February 06, 2023, 18:04 IST
Bandhan Bank’s revised FD rates are applicable for retail deposits up to Rs 2 crore, and are effective from February 6.
This is Bandhan Bank’s second hike on fixed deposits in the last three months, following stricter rates by the Reserve Bank of India
Bandhan Bank on Monday said it has hiked interest rates on fixed deposits by 25-50 basis points depending on the maturity period. The Kolkata-based lender said in a release that the revised FD rates are applicable for retail deposits of up to Rs 2 crore and are effective from February 6.
This is the bank’s second hike on fixed deposits in the last three months, after RBI tightened rates.
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