![]() The RBI has maintained the status quo on key rates for the last three MPC meetings. India's monetary policy committee is widely expected to keep key rates on hold when it announces its decision on Friday. The revision comes just ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting on October 4-6, 2023. ![]() 2 crore, for the maturity of 180 days & above on fresh as well as on a renewal of term deposits," noted the lender. ![]() 333 Days,444 Days & 555 Days) Term Deposits of less than Rs. “Super Senior Citizens (80 Years and above) shall be given the benefit of additional interest of 0.15% on a specific period (i.e. 2 crore, over and above the mentioned rates for the maturity of 180 days & above on fresh as well as on renewal of term deposits," the lender mentioned on its website “Senior Citizens shall be given the benefit of additional interest of 0.50% on term deposits of less than Rs. Following the change, the bank is now providing interest rates ranging from 2.8% to 7.35% on deposits maturing in seven days to ten years. The public sector lender Punjab & Sind Bank (PSB) has revised its interest rates on fixed deposits of less than ₹2 Cr.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |