The highest interest rate offered on deposits for a one-year period is 7.75% by Yes Bank, while Bank of Baroda and Canara ...

The Reserve Bank of India revises the repo rate once a year. The last time the RBI announced the repo rate was on 7 June 2024 ...

Several government and private banks in India have increased their fixed deposit interest rates ahead of the RBI's monetary ...

Banks are expected to gain from the income tax incentives announced in the Budget, as the resultant rise in disposable income ...

During the Monetary Policy Committee meeting on February 7, the RBI is expected to decide on a cut in repo rates.

Fixed Deposits (FDs) are a staple of Indian investing. They offer guaranteed returns with minimal risk, offering a saf ...

The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...

AXIS reported total gross premiums of $9 billion for the year, with $2.6 billion generated from new business. The Insurance segment produced $6.6 billion in premiums, a 7.7% increase, while ...

State Bank of India has published a research report, predicting a transition to a new tax regime, potential changes in fixed ...

A Fixed Deposit (FD) is a savings product offered by banks and financial institutions where an individual deposits a lump sum ...

Summary: A 5-year tax-saving fixed deposit (FD) allows individuals to invest a lump sum for five years and claim tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act. These ...