Axis Bank has increased the fixed deposit (FD) interest rates under Rs. two crore on several tenures but reduced the rate of its highest offering from 7.26 per cent to 7.20 per cent for a two-year to 30-month period. On the other hand, Indian Bank has extended its special FD scheme named “Ind Super 400 Days”, with its interest rates revised upward by 10 basis points. Likewise, the Bank of Maharashtra has raised its rates by 25 bps on its 200-day FDs.