Up to 7.30% interest rate: SBI, Bank of Baroda, Indian Overseas Bank offer special FD plans with higher deposit rates – Times of India
Banks offer special FD rates to attract deposits: In an effort to attract retail deposits, banks have launched special schemes offering savers an additional 25-30 basis points for term deposits above current commitments for similar tenures. This move suggests that policy interest rates are likely to remain high in the near future.According to an ET…