Decoding the cleaning act among co-operative banks - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Best FD rates: Small finance banks offer the highest interest on fixed deposits, with DCB Bank and Punjab & Sind Bank offering the best rates among private and public sector banks respectively
The bank s net income stood at Rs 515 crore reflecting a 115% year-on-year rise, driven by a higher outreach to customers across products and geographies. Pre-provisioning operating profit also doubled at Rs 137 crore.
A few Small Finance Banks (SFBs) are still offering more than 9% interest rates to senior citizens. Here are the seven banks that offer 9% or more to senior citizens on FDs below Rs 2 crore