News > ICICI Bank FD Interest Rates Hiked

ICICI Bank FD Interest Rates Hiked

Bharat Times | 09/06/2022 05:29 PM | Click to read full article

Leading private sector lender ICICI Bank, which is the second-largest private bank in India, has once again increased the rates of interest on its fixed deposits, or FDs. The ICICI FD Interest rate hike has come into effect from Tuesday, June 7.

The new ICICI Bank FD interest rate comes at a time when the Reserve Bank of India is conducting its bi-monthly Monetary Policy Committee meeting, where it is likely to increase the repo rates further to control rising inflation in the country.