HDFC Bank raises FD rates by 20bps

HDFC Bank increased fixed deposit rates for retail deposits by 20 basis points across multiple tenors starting June 10, offering rates such as 7.25% for 18 months to less than 21 months, 7.10% for 15 to 18 months, and 6.60% for one year to 15 months.

raised rates on retail deposits by 20 basis points on effective June 10. The bank will offer 7.25% for 18 months to less than 21 months, 7.10% for 15 to 18 months and 6.60% for a one year to 15 .

Source: Stocks-Markets-Economic Times