BusinessPhoto: News18Hi BusinessBank of India Raises FD Interest Rates and Launches New Scheme
Following the RBI's repo rate hike, Bank of India has increased interest rates on fixed deposits (FDs) for tenures between 1 to 3 years. Along with the rate hike, the bank has also introduced a new FD scheme. This move comes after banks initially raised lending rates in response to the RBI's decision.
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