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Retail Dilemma: NBFC top guns diverge on deposit rates

Posted on May 1, 2026
By Business News Today
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1 min read

Retail Dilemma: NBFC top guns diverge on deposit rates

Retail investors are seeing contrasting interest rate movements from two major finance companies. Bajaj Finance has boosted deposit rates by up to 45 basis points to accelerate fundraising, while Shriram Finance plans to reduce rates by 15-35 bps following a rating upgrade.