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After SBI, HDFC hikes term deposit interest rates

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Arpita Goswami
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(G.N.S) DT.27 In a bid to increase its deposits, HDFC Bank has now hiked interest rates on term deposits by up to 100 basis points (one percentage point). In February, SBI had also hiked interest rates on term deposits by 50 basis points. Other banks are also expected to follow suit. Several

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