ICICI Bank Hikes Fixed Deposit Rate Across Tenures (w.e.f. May 16, 2022)
ICICI Bank, the country's second largest private lender, has increased bank fixed deposit rate by 10-20 bps across tenure. The revision has been made for single deposits of less than Rs. 20 million or Rs. 2 crore. The new and hiked interest rate come into effect from today i.e. May 16, 2022. The interest rate revision has been made for bank FDs of 290 days to 10 year tenure.