Major lenders have increased fixed deposit rates on select tenures following the RBI's 25-basis-point repo rate hike in October, while lending rates have also begun to rise
Banks raise deposit rates after RBI's Oct repo hike; lending rates inch up
BU
Business Standard - LatestBy Subrata Panda
EXECUTIVE SUMMARY
Major lenders have increased fixed deposit rates on select tenures following the RBI's 25-basis-point repo rate hike in October, while lending rates have also begun to rise
Key Takeaways
- Banks raise deposit rates after RBI's Oct repo hike; lending rates inch up.
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Published originally on Business Standard - Latest
