Kotak Mahindra Bank raises fixed deposit interest rates: See the new rates here.

Kotak Mahindra Bank, a private sector lender, has raised interest rates on fixed deposits under Rs 2 crore.

 According to the bank's official website, the new rates will be effective on July 26, 2022.

 As a result of the change, the bank increased the interest rate on fixed deposits maturing in 365 days to 389 days.

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