Trusted News Discovery Since 2008
{{/content}}
Bank of Baroda hikes FD rates day after SBI
Credit: IndiaTimes- Published on December 28, 2023
Bank of Baroda has increased interest rates on short-term deposits by up to 125 basis points (100bps = 1 percentage point). The move comes a day after the countryโs largest lender SBI increased rates on some maturities of fixed deposits by 50bps. BoB will now offer 4.25% on fixed deposits from one week to 14 days as against 3%...
You are here
Related news from verified sources
The bank has also hiked the interest rate on tenure of 180 days to 210 days from 5.25 per cent to 5.75 per cent.
on December 27, 2023 • DNA