Fixed Deposit rates above 8%: These small finance banks are offering over 1% higher FD rates than big banks like SBI, HDFC Bank

Small finance banks have increased fixed deposit rates to over 8% for two-year tenures, challenging larger banks like SBI and HDFC Bank. This move seeks to attract more deposits amid growing alternative investments.

Sep 12, 2024 - 12:30
Fixed Deposit rates above 8%: These small finance banks are offering over 1% higher FD rates than big banks like SBI, HDFC Bank

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Small finance banks have increased fixed deposit rates to over 8% for two-year tenures, challenging larger banks like SBI and HDFC Bank. This move seeks to attract more deposits amid growing alternative investments.
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