In a vacuum, the Fed could raise its target rate, lower it or leave it unchanged. That was true at last week’s meeting and ...
Fixed deposits (FDs) are a popular investment option due to their predictable returns and stability compared to other ...
The enhanced TDS thresholds on senior citizen deposits will come into effect from the Financial Year 2025-26, starting from ...
Fixed deposits offer higher interest rates compared to savings accounts. This helps investors maximise their savings at low ...
The Reserve Bank of India (RBI) has recently issued new directives aimed at streamlining the nomination process for savings ...
In Canada, for example, they are called a term deposit; in Ireland, it’s a fixed-term account; and in the United Kingdom, it’s a savings bond (which is different from the United States’ debt ...
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.
Private lender Axis Bank Ltd.'s earnings for the October-December 2024 period saw higher slippages and lagging deposit growth, leading to brokerages slashing their target price on the bank's ...
Can fixed deposit and recurring deposit rates be altered in Budget 2025? No. However, while the Budget may not directly affect interest rates for FDs and RDs, it could influence them indirectly ...
An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers. In an afternoon statement ...
Interest Rate: 2.48% p.a.
5 lakh that have completed a minimum period of 12 months. o Fixed Deposit below Rs 1 crore – Penalty of 1% from the applicable interest rate for the completed period or the contracted rate whichever ...