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Karnataka Bank, Canara Bank, IDFC First Bank, and IndusInd Bank preemptively adjust fixed deposit interest rates before the upcoming RBI Monetary Policy Committee meeting.

Ahead of the December 6 Reserve Bank of India (RBI) Monetary Policy Meet, several banks have revised their fixed deposit (FD) rates for various tenures. Karnataka Bank and Canara Bank are the latest to make changes to their FD rates. Fixed deposits offer a fixed rate...

Canara Bank, Karnataka Bank, and YES Bank adjust their fixed deposit rates in anticipation of the upcoming RBI Monetary Policy Committee meeting.

Ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee meeting, some public and private banks have revised their fixed deposit (FD) rates. The RBI’s repo rate, currently at 6.50%, influences FD rates. Karnataka Bank, Canara Bank, YES Bank,...