subject: NBFCs too lift interest rates to attract depositors [print this page] Meanwhile corporate looking for deposits too are being forced to raise interest rates. Real estate major Unitech is offering 11% for six months while Avon Corporation and another real estate company, Kolte Patil, is paying 11.46% for for a one year deposit. Not surprisingly, most savers prefer banks.
NBFCs too lift interest rates to attract depositors
