Banks are revising rates to attract deposits due to a liquidity shortage. IDBI Bank offers higher rates for those aged 80 and above. Bank of Baroda has a liquid fixed deposit scheme. Extra interest is given to senior and super senior citizens. IDBI Chiranjeevi-Super Senior Citizen FD scheme will be effective from January 13, 2025.
from Banking/Finance-Industry-Economic Times https://ift.tt/29MN3h6
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