Navigating the world of foreign money transfers can be daunting, especially for NRIs. Here are some ways one can avoid the ...

The current design of India's banking industry is based on high net interest margins. We need a new architecture that's lean ...

While the credit card can be a valuable financial tool, students must be aware of its potential misuse and pitfalls.

Factors that potentially affect gold rates in India are fluctuations in the global market, strength of the USD, import costs, interest rates on banks' fixed deposits, economic stability ...

2. That in the facts and circumstances of the case and in law, the Respondent erred in concluding that the income in the form of deposit, lease premium, rent and interest, etc. is liable to tax in the ...

SBI latest FD rates for senior citizens: State Bank of India (SBI) is the largest banking and financial services organisation in India. The country's largest lender offers several fixed deposit ...

The Reserve Bank has cut the repo rate to 6.25% ... it could also reduce fixed deposit rates, affecting customers, including senior citizens. The repo rate increase or decrease has a direct ...

Budget proposals could help banks mobilize an additional ₹45,000 crore in deposits in 2025-26, boosting liquidity and credit ...

Compare interest rates first: One must compare the interest rates of different banks before finalising the bank. 2. Locking period for fixed deposits ... or banks under Deposit Insurance ...

In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with higher interest rates and added flexibility to attract customers. These ...

RBI MPC repo rate: The Reserve Bank of India ... fixed deposits. It acts as a guide for banks on the interest rates they should offer. When the repo rate is raised, banks increase their fixed ...

The RBI announced a reduction in the repo rate to 6.25% on Friday, marking the first cut in almost five years. This rate represents the interest at which commercial banks can borrow from the ...