This 100-year-old private sector bank raises interest rates on fixed deposits
Private sector lender Nainital Bank raised interest rates on fixed deposits of less than ₹2 cr. According to the bank’s official website, the new interest rates are effective from September 03, 2022. Following the revision, the bank raised interest rates on term deposits maturing in 1 year and more but also less than or equal to 18 months. as added a new term named Naini Utkrisht Term Deposit Scheme – 605 days.