Most leading banks are currently offering low-interest rates on their fixed deposits (FDs), up to 6.5 per cent per annum. On the other hand, small finance banks such as Jana Small Finance Bank, Ujjivan Small Finance Bank, Suryoday Small Finance Bank and Utkarsh Small Finance Bank are offering interest rates ranging from 8 to 9.5 per cent on their fixed deposits. The interest rates range between 8 and 8.5 per for the general public, and almost 60 basis points more for senior citizens across different tenures.
Nine big financial changes that you must watch out for in October
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