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There are two key reasons of locking your savings at the current interest rate. One, the interest rates have reached the peak as a result of the RBI’s monetary policy. Second, these rates may see a decline towards the end of this calendar year. ....
Banks, which have recently raised their term deposit interest rates, include Bank of Baroda (BOB), State Bank of India (SBI), DCB Bank, HDFC Bank, ICICI Bank, and Axis Bank. ....
Bank of India introduces Super Special Fixed Deposit with an attractive interest rate of 7.50% p.a. for deposits between ₹2 Crores and below Rs. 50 Crores for a specific maturity period of 175 days. ....
The Bank of India Super Special Fixed Deposit is applicable for specific maturity period of 175 days with effect from 1st January, 2024, said the company. ....