Bandhan Bank on Monday said it has hiked interest rates on fixed deposits by 25-50 basis points based on the maturity period.
The revised FD rates are applicable for retail deposits of up to Rs 2 crore, and are effective from February 6, the Kolkata-based lender said in a release.
This is the bank’s second rate hike on fixed deposits in the last three months, following the hardening of rates by the RBI, it said