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.
