BrunGa
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Private lender Axis Bank hikes interest rates on FDs below 2 crore; Check the new rates The interest rate on Fixed Deposits (FDs) under 2 crore has been raised by private lender Axis Bank by 25 bps. The bank's website states that the increased rates will go into effect on September 9. The bank has raised the interest rates on different tenor FDs, which range in length from 7 days to 10 years.