Company updateCNBC-TV18
Banks hike FD rates amid tighter liquidity
Positive+20
GreyOak summary
Several Indian banks, including HDFC Bank, ICICI Bank, and public sector lenders, revised fixed deposit interest rates in November. The Reserve Bank of India's recent 25-basis-point repo rate hike to 5.50% also contributed to the changing interest rate environment.
What it affects
- Financial ServicesPositive +20
Banks revised FD rates to attract deposits.Rolling sentiment Neutral +7
