GgoogleIN first seen 7 h ago, last 5 h ago, peak #1
Small finance bank offers 8.25% on fixed deposits
Original: sbi
A small finance bank in India is offering an 8.25% return on fixed deposits, drawing comparisons with major lenders such as SBI and HDFC Bank, which continue to offer notably lower rates on deposits. Coverage in Hindi media highlights the gap between rates from small finance banks and the country's largest banks, prompting savers to weigh higher returns against concerns about deposit safety and bank size.
Why now: Savers are comparing fixed deposit rates as small finance banks offer significantly higher returns than SBI and HDFC Bank.
Evidence
- High Interest Rate on FD: ये बैंक दे रहे हैं 5 साल की FD पर सबसे ज्यादा ब्याज, 8.50% तक मिल सकता है रिटर्न · CNBC TV18
- FD पर 8.25% का रिटर्न दे रहा है एक स्मॉल फाइनेंस बैंक, SBI और HDFC Bank की क्या स्थिति? · Hindustan
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