The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...

The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...

Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...

The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can ...

Even though the market had already factored in the rate cuts, the lowering of interest rates will come in the coming quarters ...

The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...

With banks expected to lower FD rates in response to cheaper borrowing costs, returns on deposits could shrink in the coming ...

The Union Budget 2025 proposes raising the TDS threshold, offering additional financial relief to small taxpayers and senior ...

Ahead of the RBI MPC meeting outcome announcement, which is scheduled for February 7th, major banks across India have already ...

When comparing the top rates across different categories of banks, small finance banks take the lead, with Unity Small ...

The highest interest rate offered on deposits for a one-year period is 7.75% by Yes Bank, while Bank of Baroda and Canara ...