These Four Private Banks Offer Inflation-beating Rate On Fds To Senior Citizens. Check List | Mint - Mint

Four private banks offer inflation-beating rates on fixed deposits. The latest Consumer Price Index (CPI) inflation rate is at 6.95% in March. These four banks offer a 7% interest rate to senior citizens on their FDs below ₹2 crore.

Central banks across the globe are battling raging inflation which has led to monetary policy tightening and rate hikes in key interest rates. While mounting inflation continues to scare economic gro… [+4768 chars]

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