10 Finance Companies Update Their Fixed Deposit Rates – Check The Best Offers
Among NBFCs, Muthoot Capital Services Ltd. stands out with an annual interest rate of 8.95 per cent for a three-year deposit. In a decisive monetary policy move last week, the Reserve Bank of India (RBI) reduced the repo rate, prompting several banks and non-banking financial institutions (NBFCs) to lower both lending and deposit rates. The