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HDFC bank offers highest interest rate of 7.4% on FD
The New Indian Express
|July 26, 2024
A week after it ruled out engaging in interest rate war to attract deposits, HDFC Bank, the largest private sector lender and the one with the highest credit-deposit ratio, has upped the ante in its war for public funds as it seeks to grow its assets faster, offering up to 7.4% for fixed deposits below ₹3 crore for 55 months.
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The closest rate is 7.3% being offered by a few much smaller public sector peers while the industry leader SBI's peak offer is 7.25% per annum after the recent hike.
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FLERE HISTORIER FRA The New Indian Express
The New Indian Express Chennai
Will completely eliminate Maoists by March 31: Shah
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88 countries adopt New Delhi declaration on equitable AI
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The New Indian Express Chennai
Not Lost in Translation
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