The main non-public sector lender ICICI Financial institution has hiked its rates of interest on mounted deposits of lower than ₹2 Cr. As per the official web site of the financial institution, the brand new charges are efficient as of November 16, 2022. Following the adjustment, the financial institution elevated rates of interest by as much as 30 bps on a wide range of tenors and is now offering rates of interest on FDs maturing in 7 days to 10 years starting from 3.00% to six.50% for most of the people and three.75% to six.50% for senior residents.
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