IDBI Bank cuts interest rates on FD by 15 bps

Analysts at Kotak Institutional Equities observed that the system-wide average deposit rate is similar to the deposit rates being offered by most banks for their one to two year tenure deposits and is slightly lower than the ones by small finance banks (SFBs).

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2JUM7jy