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Yes Bank introduces new fixed deposit product linked to repo rate

22 Jun 2022 Evaluate

Yes Bank has introduced a new fixed deposit product which is linked to the RBI's repo rate amid concerns over lenders delaying deposit rate hikes. The bank’s new offering will allow customers to enjoy dynamic returns on their fixed deposits (FDs) as the rate of interest will be linked to the prevailing repo rate. The floating rate FDs can be availed for a tenure of 1 year to less than 3 years.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Yes Bank Share Price

19.76 -0.09 (-0.45%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 811.65
ICICI Bank 1388.65
Axis Bank 1377.75
Kotak Mahindra Bank 381.50
Indusind Bank 856.45
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