Friday, 24 March, 2023

Standard Chartered Bank Revises Interest Rates On Domestic Fixed Deposits

<p>Standard Chartered Bank, which has been operating in India for more than 160 years, was one of the first multinational banks to do so. The Bank has changed the interest rates on its fixed deposits; the new rates are effective November 18, 2022, for deposits less than 2 crores, and November 25, 2022, for deposits greater than 2 crores. For fixed deposits of less than 2 Cr expiring in 7 days to 5 years, the bank now offers interest rates ranging from 2.75% to 6.50%.</p>