Indian banks are increasing deposit rates, with offerings ranging from 6.90% to 7.30% for various durations. This comes after the RBI's directive to narrow the gap between deposit and credit growth. Banks aim to attract more retail deposits by providing higher interest rates amidst expectations of a changing rate cycle.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.