Customers ask banks to renew fixed deposits : Rupee Times »
Posted By monicachenoa 8 months, 2 weeks ago in Business & FinanceWith banks cutting down their benchmark rates, customers fear the deposit rates to fall more and therefore they are asking banks to renew their fixed deposits . They want to lock their funds before the interest rates fall further. " They fear further cuts and want to renew their deposits at existing rates," says a senior executive at Indian Bank.
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