FD Rates Going Up, Deposits over Rs1 Crore Earning More than Regular Deposits
Interest rates on bank fixed deposits (FDs) are inching up slowly. In the past few years, deposits of over Rs1 crore earned less than regular deposits forcing investors to break up the deposit amount into multiple FDs to earn a better rate. The trend has changed. FDs of over Rs1 crore up to Rs5 crore will earn better rates now. But the interest rate for over Rs5 crore up to Rs100 crore and...
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