Most banks see deposit rate fall till October

shows people taking service at the counter of a bank in the capital. The weighted average deposit rates of 39 banks, offered by them to their customers, dropped in September and October. — New Age photo The weighted average deposit rates of 39 banks, offered by them to their customers, dropped in September and October. The development was observed after the central bank gave an instruction to not offer any interest rate below the inflation rate to individual term depositors and pension-related funds. Bangladesh Bank officials said that the availability of adequate liquidity at the banks till October was the reason behind the deposit rate fall.