Revised fixed deposit rates: Canara Bank, Karnataka Bank, YES Bank revise FD rates ahead of RBI MPC meet

Revised fixed deposit rates: Canara Bank, Karnataka Bank, YES Bank revise FD rates ahead of RBI MPC meet

FD rates: Ahead of the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee’s (MPC) meeting this week, some of the public and private banks have revised their fixed deposit rates. The Repo Rate established by the Reserve Bank of India (RBI) plays a significant role in influencing Fixed Deposit (FD) rates. It dictates the … Read more