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Kotak raises fixed deposit interest rates on multiple tenors

Kotak raises fixed deposit interest rates on multiple tenors

May 06, 2022, at 05:33 pm

Kolkata:  Kotak Mahindra Bank Thursday announced a rate increase in fixed deposit interest rates across multiple tenor baskets for retail customers. The increase in FD rates comes after the Reserve Bank of India announced a 40 basis points increase in the repo rate.