Interest rates on bank fixed deposits (FDs) for short terms may rise in the near future. Yes Bank, ICICI Bank, RBL Bank and Axis Bank have revised FD rates at the end of December 2017. Yes Bank has increased FD rates for a term of 46 days to less than six months by 15 basis points (bps).
The 10-year benchmark G-Sec yield jumped by 101 bps within six months after touching a low of...
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