
ICICI Bank hikes interest rates on FDs by up to 60 bps
FDs with tenure of over 15 months will fetch 7% interest.
FDs with tenure of over 15 months will fetch 7% interest.
Here's a detailed comparison of fixed deposit interest rates offered by India's top three banks.
Given the abysmally low returns, is it better to keep the money in savings bank accounts or bank fixed deposits?
As per the bank's website, fixed deposits with maturity ranging from five years and one day to 10 years will fetch 5.60% interest.
As fixed deposit rates are at a historic low, savvy investors could look at other high-return investment alternatives, including the equity markets, says Zerodha’s Nikhil Kamath.