State-owned Bank of Maharashtra has announced an increase in its fixed deposit rates by up to 1.25%. The new rates will be effective from October 12 and will apply to both fixed deposits and special schemes. The rate hike aims to encourage individuals and businesses to save more, with a sharp increase of 1.25% in deposit rates for the 46-90 day tenure.
from Banking/Finance-Industry-Economic Times https://ift.tt/FOecJoC
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