Tag: YES BANK launches Floating Rate Fixed Deposit for domestic customers

YES BANK launches Floating Rate Fixed Deposit for domestic customers One-of-a-kind floating rate fixed deposit product Rate of interest on FD will be linked to the prevailing Repo rate  Chennai, June 23, 2022: YES BANK today announced the launch of Floating Rate Fixed Deposit, a novel product offering for all domestic customers. The rate of interest on this fixed deposit (FD) will be linked to the prevailing Repo rate, allowing the customers of the bank to enjoy dynamic returns on their fixed deposits. Floating Rate Fixed Deposit is a unique offering designed to benefit customers by enabling them with an asset class that offers the safety of a fixed deposit along with dynamic returns which are linked to the Repo rates published by the central bank. This floating rate FD can b...