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 ...
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 ...
Bank of Baroda has introduced a unique alternative to traditional fixed deposits (FDs): Bob Liquid Fixed Deposits. Bob Liquid FD combines the benefits of earning higher returns from FDs with the ...
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 ...
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 ...
However, this move may also result in a decrease in fixed deposit interest rates, impacting investors who depend on them for returns. Investors should note the recent 25 basis points rate cut by ...
RBI MPC repo rate: The Reserve Bank of India's Monetary Policy Committee may go for an interest rate cut on February 7 for the first time in almost five years. During its December meeting, the RBI ...
9.5% FD rates! Check out banks offering high returns for 3-year fixed deposits - Full list here (Image: Freepik) With the Reserve Bank maintaining the interest rate regime at an elevated level ...
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.
If you’re happy to open and manage a fixed rate bond online, you could earn 4.63% AER with this account from GB Bank. The minimum deposit is £1,000, and savers can set aside up to £100,000.
The Federal Bank has revised its fixed deposit interest rates starting Jan 10, 2025. Now this private bank offers up to 8 percent interest rate per annum on its FDs. The highest interest rate is ...
This scheme has been adopted by IDBI Bank as well. IDBI Bank has launched the 'IDBI Chiranjeevi-Super Senior Citizen FD', a fixed deposit product exclusively for individuals aged 80 years and above.