As the Reserve Bank of India's (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate ...
Image Source : PIXABAY Choose the locking period of your FD wisely. Fixed deposits or FDs are generally used to invest a lump sum amount as it keeps the money safe while giving a fixed return ...
Bank of Baroda has introduced a unique alternative to traditional fixed deposits (FDs): Bob Liquid ... of easy liquidity associated with a Savings Account. It gives depositors the flexibility ...
If banks lower rates in the near future, new fixed deposit investors will earn less compared to those who secured accounts at previously higher rates. Mahendra Kumar Jajoo, CIO - Fixed Income ...
A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a certain ...
Not sure if you want to lock your money away in another CD account? Here's why it could still make sense to do so: ...
Image Source : PTI SBI latest FD rates for senior citizens: Fixed deposits or FDs offer guaranteed returns. SBI latest FD rates for senior citizens: State Bank of India (SBI) is the largest ...
While missing your CD account's maturity date isn't ideal, there are some steps to take immediately once it's passed. Here ...
RBI MPC repo rate: The Reserve Bank of India's Monetary Policy Committee may go for an interest rate cut on February 7 for the first time in almost five years. During its December meeting, the RBI ...
It may be noted that super senior citizen fixed deposits offer safety and guaranteed returns. Super senior citizens earn higher interest rates compared to senior and non-senior citizen depositors.
9.5% FD rates! Check out banks offering high returns for 3-year fixed deposits - Full list here (Image: Freepik) With the Reserve Bank maintaining the interest rate regime at an elevated level ...
However, some accounts still require a minimum opening deposit or only waive monthly fees if you maintain a certain balance. Fortunately, there are many free checking accounts with no deposit ...