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    HomeNewsBusinessPress ReleaseIDBI Bank revises retail term deposits rates by 25-75 bps

    IDBI Bank revises retail term deposits rates by 25-75 bps

    IDBI Bank revises retail term deposits rates by 25-75 basis points

    January 06, 2011 / 19:43 IST
       
       
      26 Aug, 2025 12:21
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      The ALCO of IDBI Bank reviewed the interest rates on retail term deposits and keeping in view credit demand, inflation and liquidity scenario, the Bank has decided to increase the retail term deposit rates by 25 -75 basis points (bps) in different maturity buckets. The revised interest rates are effective from January 4, 2011.


      With this revision, the highest interest on retail term deposits would be 9.25%.


      Moreover, there will not be any premature penalty for new or renewed FDs booked from January 1, 2011.

      Senior citizens will get 50
      first published: Jan 6, 2011 07:40 pm

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