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Investors must ensure returns beat inflation; Indian retail inflation rate in July 2023 was 7.44%; bank FDs and PPF do not produce inflation-beating returns
HDFC Bank Vs PNB Vs ICICI Bank: HDFC Bank is offering FD interest rates up to 7.75% annually, ICICI Bank is offering up to 7.60% and PNB is giving up to 7.75% a year; check bank FD interest rates comparison in details
Compare latest FD interest rates of HDFC, ICICI, and PNB for deposits below Rs 2 crore.
Latest FD rates compared: HDFC, SBI, and ICICI offer high interest options for depositors under Rs 2 Crore.
Banks increase fixed deposit rates, offering higher interest to depositors including senior citizens.