Kolkata: Private sector lender Bandhan Bank on Wednesday increased interest rates on select fixed deposits by up to 20 basis points, offering senior citizens a maximum return of 7.95 per cent on deposits with a tenure of two years to less than three years.
The revised rates came at a time when some lenders have been recalibrating deposit offerings despite the Reserve Bank of India maintaining the repo rate at 5.25 per cent earlier this month amid persistent inflation concerns.
