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HDFC Bank, Axis Bank raise fixed deposit rates by up to 4%

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New Delhi: Faced with a tight liquidity condition, two leading private sector banks - HDFC Bank and Axis Bank - have raised fixed deposit rates by up to 4 per cent, a move which may be followed by ot

SBI cuts fixed deposit rates by 0.5-1%

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Country's largest bank SBI on Wednesday announced reduction in interest rate on fixed deposits by 0.5 per cent for most of the maturity periods, a move likely to be followed by other lenders.

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