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Under the Utsav Deposit scheme, interest rate payable is 6.10 percent. Further, Senior Citizens, Staff and Staff Pensioners are eligible for additional interest rate applicable to them. ....
Private sector lender Kotak Mahindra Bank is the latest bank to increase its interest rates on fixed-term deposits below Rs 2 crore. This is for the second time the bank has revised its rates within a week. ....