DBS Bank India has increased fixed deposit (FD) interest rates for amounts less than Rs 2 crore.

On select tenors, the bank has raised fixed deposit interest rates by up to 50 basis points (bps).

 According to a press release from DBS Bank, the new interest rates will take effect on July 28, 2022.

DBS Bank offers FD terms ranging from 7 days to a maximum of 10 years.

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