Senior citizens relieved as bank fixed deposit rates touch 8% after 3 years ...Middle East

At the peak of the pandemic, rates had dropped to as low as 5.5% due to excess liquidity in the banking system and many had locked into 2-3-year deposits to make the best in a depressed market. Now with some private banks offering 8% and public sector banks giving over 7.5%, savvy elders are looking at premature withdrawals to make fresh deposits at higher rates.

Hence then, the article about senior citizens relieved as bank fixed deposit rates touch 8 after 3 years was published today ( Saturday 07/01/2023 - 04:56 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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