Wednesday 31 March 2021

HDFC raises FD rates upto 25 bps

From March 30, fixed deposits of 33-month duration will fetch 6.2% annualised returns. For 66-month deposits, the rate would be 6.6% and 6.65% for 99-month deposits. Senior citizens would get 25 basis points more. Distributors said this is the first time after October 2018 that HDFC Ltd has raised deposit rates.

from Stocks-Markets-Economic Times https://ift.tt/3uaTNUn

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