SBI Vs PNB Vs ICICI Bank FD Interest Rates: ICICI Bank is offering up to 7.60 per cent annual interest rates on FD, SBI is offering FD rates up to 7.50 per cent and PNB is giving up to 7.75 per cent a year
Several banks have hiked interest rates on their fixed deposit schemes around the time of Christmas and New Year. Let's look at the latest rates of interest offered by HDFC Bank, State Bank of India, ICICI Bank, and Punjab National Bank on fixed deposit schemes.
PNB has hiked interest rates for fixed deposits for one to ten years amounting to less than Rs 2 crore, whereas SBI has also hiked interest rates on FDs across select tenures. Check latest interest rates here.
State Bank of India (SBI) and Punjab National Bank (PNB) have increased their fixed deposit (FD) interest rates. The development comes close on the heels of the RBI ramping up efforts to control excess liquidity from the banking system.