Unity Small Finance Bank, Utkarsh Small Finance Bank and Fincare Small Finance Bank are now offering fixed deposit interest rates of 9 percent and higher.
The Delhi-based fintech company, which currently has former SBI chairman Rajnish Kumar at its helm, has secured approval from the RBI to buy out 51% in Trillionloans, one of the people cited above said.
The highest FD rate offered by Unity Small Finance Bank is 9.00 per cent. For a period of one year, the bank offers up to 7.35 per cent interest on fixed deposits.