Kotak bank raises rates

Last Thursday post the RBI review yes bank increased the savings account rates to 6%.

Today kotak bank has also increased it's savings account rates . Two rates have been provided

1 6% interest rates for accounts which have more than Rs 1 lakh in the bank

2. 5.5% for those with less than Rs 1 lakh.



No info yet from sbi and hdfc banks


Happy days are here again.