After consecutive repo rate hikes by the RBI, banks also hiked the interest rates on fixed deposits (FDs) and savings accounts since May 2022

BANKS

[{"selector":"#anim-80019517-681b-405f-9f22-d774bdc53884 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.06730746213359%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}]

IDFC FIRST BANK

[{"selector":"#anim-0e4b09a9-68db-4525-af2b-0e0e06d4de9f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Learn more

RBL BANK

[{"selector":"#anim-83fb8e6a-6a19-47a3-9b9c-8ffe6c8f2314 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(14.843749786673241%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}]

CANARA BANK

[{"selector":"#anim-dcbe88fd-1e42-4cd7-a1cc-5d16448ada29 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

DCB BANK

[{"selector":"#anim-2942511f-443e-4a8c-9a58-650342bce98d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Federal Bank is offering a 7.5% interest rate for senior citizens for a tenure of 700 days

[{"selector":"#anim-878c8f78-694e-4cd9-9e6e-64927d7577a3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}]

INDUSIND BANK

[{"selector":"#anim-0f966bed-0955-4a20-9045-5f58f9b938ec [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

REITs can raise short-term debt at a low cost

[{"selector":"#anim-86b77378-2c9a-41c1-a5da-dff1816036ff","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1224cfdf-b30e-439f-9bc5-61a1e9ae30a8","keyframes":[{"transform":"rotate(-540deg) scale(0.1)","opacity":0},{"transform":"none","opacity":1}],"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both","iterations":1}] More Stories

After consecutive repo rate hikes by the RBI, banks also hiked the interest rates on fixed deposits (FDs) and savings accounts since May 2022

BANKS

All banks including SBI, HDFC Bank, ICICI Bank, Axis Bank, IDFC First Bank, and RBL Bank have hiked interest on term deposits recently

IDFC FIRST BANK

IDFC First Bank is offering a 7.75% interest rate below 2 Cr amount to Senior Citizens for a maturity period of 750 days.

RBL BANK

RBL Bank offers 7.5% interest on FDs maturing in 450 days to senior citizens for below 2 Cr amount.

CANARA BANK

Canara Bank's special fixed deposit plan for a tenure of 666 days offers 7.5% interest rates for senior citizens for less than 2 Cr amount

DCB BANK

DCB Bank is offering an 8% (highest slab) interest rate for the senior citizen above 700 days

Federal Bank is offering a 7.5% interest rate for senior citizens for a tenure of 700 days

FEDERAL BANK

INDUSIND BANK

The IndusInd bank is offering a 7.75% interest rate for senior citizens for a tenure of 730- 760 days

REITs can raise short-term debt at a low cost