Skip to content
Reading is boring ? Select the letters of the post to listen to it 🔊

First time in many years, fixed deposit rates turn positive at 8%

As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab & Sind Bank top the chart offering a cool 8-8.50 per cent per annum.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dkf45EB
via IFTTT

Rate this article

Loading...

Post a Comment

© ‧ Learn At No Cost. All rights reserved.

Cookies Consent

This website uses cookies to ensure you get the best experience on our website.

Cookies Policy

We use cookies to keep this website fast, remember your preferences and show relevant ads. By using Learn At No Cost you agree to our use of cookies.

Most interactive websites use cookies to let us retrieve the user’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website. Some of our affiliate/advertising partners may also use cookies.