PNB fixed deposit: Interest rate hiked again by 80 bps for FD of this tenure; details here

PNB fixed deposit: Interest rate hiked again by 80 bps for FD of this tenure; details here

PNB FD interest rates: Punjab National Bank has raised its fixed deposit interest rates for the second time within a month. In this instance, the bank has elevated rates by 80 basis points (bps) for a specific tenure. The revised rates came into effect on January 8, 2024. Previously, on January 1, the bank had increased rates by up to 45 basis points (bps) for certain tenures and had reduced them for others.For which tenure has the bank increased the FD interest rates by 80 basis points?PNB has increased the rates by 80 basis points for a 300-day tenure, changing from 6.25% to 7.05% for general citizens, 7.55% for senior citizens, and 7.85% for super senior citizens.Latest Punjab…
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Source: https://timesofindia.indiatimes.com/business/india-business/pnb-fixed-deposit-interest-rate-hiked-again-by-80-bps-for-fd-of-this-tenure-details-here/articleshow/106665574.cms