The era of 10-12% return on FDs is never coming back: Axis Bank CEO

The era of 10-12% return on FDs is never coming back: Axis Bank CEO

NEW DELHI: India is at the fag end of the interest rate cut cycle, but the era of 10-12 per cent interest rates on fixed deposits is never going to come again. That was the message from Amitabh Chaudhry, MD and CEO of Axis Bank on Thursday. In order to cushion the impact of Covid-19, … Read more