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Indian banks adjust fixed deposit interest rates post-RBI repo rate cut, offering up to 9.10% for seniors.
Several Indian banks have adjusted their fixed deposit (FD) interest rates following the Reserve Bank of India's repo rate cut.
Major banks like HDFC, ICICI, and Kotak Mahindra offer rates above 7% for general citizens and higher for senior citizens.
Some regional banks are still offering competitive rates up to 9.10% for senior citizens.
Banks like SBI, Indian Bank, Punjab & Sind Bank, and IDBI have extended the deadlines for their special FD schemes with revised rates, aiming to attract long-term deposits.
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Los bancos indios ajustan las tasas de interés de los depósitos fijos después del recorte de las tasas de repo del RBI, ofreciendo hasta un 9.10% para las personas mayores.