IDBI Bank Increases Interest Rates On Retail Term Deposits
IDBI Bank has notified a rise in interest rates of up to 25 basis points on term deposits of less than Rs 2 Crore. The increased rates would be effective across different tenors for domestic term deposits, Non-Resident Ordinary (NRO), and Non-Resident External (NRE) term deposits beginning June 15. Users may invest digitally using Internet banking and the GO Mobile+ App, rather than visiting one of the Bank's offices.