Key Points
If you are planning to open a fixed deposit (FD) account, it is advisable to first compare the interest rates offered by different banks..
Although depositors tend to opt for the bank with which they share a long-term relationship, they can still choose a bank that gives them a higher rate of interest on fixed deposits...
The monetary policy committee of the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 6.5 per cent for the tenth time in a row, Governor Shaktikanta Das announced..
Here we give a lowdown on the interest rates offered by the top banks in the country including HDFC Bank, State Bank of India, Kotak Mahindra Bank, ICICI Bank and Axis Bank...
As we can see in the table above, the three-year fixed deposit interest rate offered by SBI is 6.75 per cent for general citizens and 7.25 per cent for senior citizens..
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