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For the deposit rates that are less than Rs 3 Crore, the tenures have been revised, and for a period between 1 year and 443 days, the revised rates are 7%." The bank has stopped offering an FD tenure ...
Here’s a detailed comparison of interest rates on fixed deposits (FD) among HDFC Bank, ICICI Bank and Yes Bank. Currently, HDFC Bank, India’s largest private sector lender, is offering up to 7.75 per ...
We share the best ways to earn a yield on your cash through fixed deposits, Singapore T-bills, SSBs and money market funds. It's not hard to notice that interest rates have been falling in recent ...
Meanwhile, the IDBI Bank has also discontinued its couple of its special FDs. These include FD tenures of 300 and 375 days. Notably, the RBI on April 9, 2025 cut the repo rate by 25 basis points, ...
IDBI Bank has reduced interest rates of special tenure fixed deposits (FD), extended the application window for its popular Utsav scheme and discontinued offers of 300 and 375 days. According to its ...
Banking shares galloped in trade on April 15, after private and public lenders trimmed their interest rate on fixed deposits and savings accounts, following the Reserve Bank of India's (RBI ...
It is, therefore, recommended to lock your savings into fixed deposits (FDs) for a medium to long term if you are planning to invest in some safe instruments. I. State Bank of India (SBI): The ...
With the RBI reducing repo rates, fixed deposit interest rates are expected to fall. Experts advise investors to act quickly and lock in higher rates, especially in longer-term FDs, to maximize ...
Kotak Mahindra Bank has revised its fixed deposit (FD) interest rates, reducing them by up to 15 basis points (bps) across select tenures. The revised rates are effective from April 9, 2025. The move ...
In order to streamline your strategy to manage your fixed deposit investment, you also need to factor in the possibility of any future rate cut. Any rate cut in future will primarily depend on the ...
However, this is also expected to bring down the interest rates of fixed deposits. Further Rate Cuts Expected It is important to understand that RBI has also changed its policy stance to ...
This second cut in three months could affect returns for fixed deposit (FD) holders, especially those relying on steady interest income. Charu Pahuja, group director and chief operating officer at ...