Hence, simply put, some financial institutions provide personal loans against fixed deposits offering a quick resolution to access funds when the situation becomes unavoidable and financially ...

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 ...

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 ...

The high report rate saw bank loan rates soaring but that also made fixed deposits (FDs) more attractive. With borrowing costs rising, banks were forced to offer higher FD rates to attract ...

However, this move may also result in a decrease in fixed deposit ... In order to attract deposits and maintain liquidity amidst rising borrowing costs, banks had to offer higher FD rates.

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 ...

It acts as a guide for banks on the interest rates they should offer. When the repo rate is raised, banks increase their fixed deposit rates to attract more depositors. Conversely, a rate cut ...

Although fixed deposit rates have been falling, there’s a good number of rates that are still very decent and worth giving a shot if you have some money lying around. You don’t even need a large stash ...

Also Read 9.5% FD rates! Top 10 banks offering high returns for 3-year fixed deposits – Full list here Super Senior Citizen Fixed Deposits offering up to 9.25% now – Check latest interest ...

Fixed deposits offer higher interest rates compared to savings accounts. This helps investors maximise their savings at low risk. Fixed deposit interest rates are calculated via the compound ...