IndusInd Bank and Kotak Mahindra Banks revise FD rates: One hikes,...

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IndusInd Bank and Kotak Mahindra Banks revise FD rates: One hikes, the other trims

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IndusInd Bank has increased its fixed deposit interest rates for various tenures, especially short-term ones, while Kotak Mahindra Bank has marginally reduced rates on specific tenures and introduced a new short-term FD. IndusInd Bank's rates now range from 3.50% to 7.75% for the general public and 4% to 8.25% for senior citizens, whereas Kotak Mahindra Bank offers 2.75% to 7.

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