HDFC, Corporation Bank hike deposit rates; others to follow

Name: HDFC, Corporation Bank hike deposit rates; others to follow
Uploaded: 2012-03-23T07:49:48+00:00
Duration: 3 min 32 s
Channel: ET NOW
Description: HDFC Bank became the first lender to increase its fixed deposit rates by up to 75 basis points after RBI raised key short-term rates. With deposit rates going up, the bank may also raise lending rates in the next few weeks, a bank official said.

ET NOW

HDFC Bank became the first lender to increase its fixed deposit rates by up to 75 basis points after RBI raised key short-term rates. With deposit rates going up, the bank may also raise lending rates in the next few weeks, a bank official said.

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