Question
Which small finance bank launched Platina Fixed
Deposit, which offers interest of 15 basis points in addition to the regular SFB term deposit rates of the bank?Solution
Ujjivan Small Finance Bank launched Platina Fixed Deposit, which offers interest of 15 basis points in addition to the regular Ujjivan SFB term deposit rates. The general FD for 990 days tenure gives 6.75% for general citizens and 7.50% for senior citizens, but Platina FD offers 15 bps over and above these interest rates.
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