HDFC Bank raises fixed deposit rates by up to 0.6%
Days after Reserve Bank of India hiked the benchmark, repo rate, HDFC Bank today increased fixed deposit rates on various maturities by up to 0.6 per cent .
The revised rate of interest is effective today, as per the information posted on HDFC Bank website. The increase in fixed deposit rates is likely to put pressure on lending rate as well. Image source: PTI