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 ...

This decision by the central bank is likely to have an impact on fixed deposit (FD) investors, as it is anticipated that interest rates will decrease even further. The repo rate essentially ...

FD interest rates offered by top 7 banks HDFC Bank: HDFC Bank offers 7.4 percent interest on FD of 4 years and 7 months tenure to general citizens, and 7.9 percent to senior citizens. If you lock ...

The central government has taken many important decisions including income tax exemption in the Union Budget presented for ...

Freo - (FD and Investments). Utkarsh Small Finance Bank – 8.50% (2 years to 3 years; 1500 days) Jana Small Finance Bank – 8.25% (1 year to 3 years) Axis Bank – 7.25% (15 months to less than ...

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

The repo rate is said to be directly proportional to FD interest rates. However, any changes in the FD interest rates are subject to the bank’s decision. Banks tend to lower the interest rates on FDs ...

The repo rate is the interest rate at which the central bank lends money to commercial banks. The 25 basis points (bps) reduction may encourage banks to lower lending rates, making loans cheaper, but ...

Ask the Lawyer columnist Ron Sokol discusses how the Federal Deposit Insurance Corporation seeks to keep your banking ...

Karur Vysya Bank FD online calculator will help you calculate the interest that your money will earn when kept in a fixed deposit in Karur Vysya Bank. This will give the details of investment that ...

If the bank is federally insured, it should have the FDIC logo on its website. In addition, the online link referenced at the end of this column is instructive. The FDIC insurance has worked.

if you have a surplus to invest in FD, this may be the best time to book your deposits, as the prevailing high rates may disappear in coming months. "While the reduction in repo rate has increased the ...