HDFC Bank is offering a maximum return of 7.45 per cent for tenures of one to two years, and 7.2 per cent on two years to ten years on non-withdrawable fixed deposits.
Last week, CCI had approved the proposed combination involving the acquisition by Housing Development Finance Corporation Ltd (HDFC) of certain additional shareholding of HDFC ERGO General Insurance Company Ltd (HDFC ERGO).
The interest rate offered by HDFC Bank is now 7.15 percent for deposits held for between 15 months and two years, and 7 percent for deposits maintained for between two years and one day and ten years.