Announcement of change in repo rate on 9th April, before that know what changes have been made by different banks in their FDs

The meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India i.e. RBI is going to start today. In this meeting, a decision will be taken on the major benchmark interest rates or repo rates. Before this, today we will tell you what changes have been made by some big banks of the country in their FD rates before this MPC.

The meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India i.e. RBI is going to start from today. In this meeting, a decision will be taken on the major benchmark interest rates or repo rate. It is being estimated that like the previous MPC, the repo rate can be cut by RBI in this MPC as well. However, it will be announced on April 9 what changes RBI has made in the repo rate in MPC. Before this, today we will tell you what changes have been made by some big banks of the country in their FD rates before this MPC. Let us know.

HDFC Bank FD interest rates

HDFC Bank has recently made many changes in its FD. In this, HDFC Bank has discontinued its special edition FD, in which customers get returns at a very good interest rate. At the same time, the interest rates of 35 months and 55 months FD have been cut. The highest interest rate is being offered in HDFC Bank's 10 to 21 months FD, which is 7.25%.

Yes Bank

Yes Bank has also cut 25 basis points on its FDs of various tenures. People get returns on Yes Bank FDs at interest rates ranging from 3.25% to 7.75%. At the same time, the highest interest rate is being offered by Yes Bank in FDs of 12 to 24 months. This interest rate is 7.75 percent.

Punjab and Sindh Bank (PSB)

Punjab and Sindh Bank has also changed the interest rates of its FDs. The bank has discontinued its 33 day and 555 day FDs. The interest rates on 444 day FDs have been reduced from 7.40% to 7.10%. Apart from this, the bank has also reduced the interest rates on 999 day FDs.