Finance, Remittances

Banks in India offering more than 9% p.a. on a Term Deposit

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Here is a list of banks in India that are offering more than 9% in Fixed Deposits / Term Deposits as of 30 April 2011.

RBI is due to meet on 3rd May 2011 and the consensus is that the rates will be increased by 25 basis points in RBI’s announcement which can potentially push these Term Deposit Rates upwards.

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