Latest interest rates on fixed deposits have been updated at http://goo.gl/JaiFt. The update is as of 12th September 2011.
Interesting thing to note is there has not been much change in interest rates offered by banks in last two weeks, however 4 out of 8 banks which have changed interest rates have reduced the rates on short tennure fixed deposits!!
Is this the end of high interest rates being offered on Fixed Deposits and will they start reducing? It will be interesting to track fixed deposit's rates in near term and see how it pans out.
Click here to view interest rates on fixed deposits offer by banks as of 12th September 2011.
Interesting thing to note is there has not been much change in interest rates offered by banks in last two weeks, however 4 out of 8 banks which have changed interest rates have reduced the rates on short tennure fixed deposits!!
Is this the end of high interest rates being offered on Fixed Deposits and will they start reducing? It will be interesting to track fixed deposit's rates in near term and see how it pans out.
Click here to view interest rates on fixed deposits offer by banks as of 12th September 2011.
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