4 Indian banks offer FD rates exceeding 8% per annum due to recent rate hikes.

Four Indian banks—Bandhan Bank, RBL Bank, SBM Bank India, and YES Bank—are currently offering fixed deposit (FD) rates exceeding 8% per annum due to recent rate hikes. Additionally, major banks like SBI, HDFC, and ICICI have also revised their FD rates, with some offering up to 8.50%. Corporate FDs from companies like Shriram Finance provide competitive rates and flexibility. Senior citizens may receive additional interest benefits.

September 23, 2024
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