PSB raises interest rates on one- to ten-year fixed deposits: Details are provided within.
The interest rate on fixed deposits less than 2 crore has risen
as a result of a move by public sector lender Punjab & Sind Bank (PSB).
The new rates will go into effect on July 11, 2022, according to the bank's website.
On July 1st, the bank raised its interest rates
marking the second increase in interest rates for domestic term deposits in a month.
Fixed deposits maturing in 91 to 179 days will continue to pay 3.90 percent interest, while those maturing in 180 to 269 days will pay 4.45 percent interest
Swipe up to know more new interest rates.