FD interest rates

FDs are also considered to be one of the safest investment options because the risk of losing money is minimal. Banks offer special FD interest rates to senior citizens. There are many schemes in banks and post offices which are primarily…

Edited By: Mohammad HarisLast Updated: February 22, 2023, 17:57 ISTYES Bank's latest FD interest rates on deposits maturing between 181 days and 271 days has increase by 50 basis points to 6 per cent, compared with 5.75 per cent.At Yes…

Edited By: Namit Singh SengarLast Updated: February 06, 2023, 12:24 ISTThe Bank has hiked the interest rate on regular fixed deposits and fixed deposit plus (non-callable) New regular fixed deposit and recurring deposit rates are effective…

The Reserve Bank of India (RBI) increased the repo rate by 25 basis points, resulting in its rise to 6.50%. The latest move is expected to make borrowing expensive, leading to higher equated monthly instalments (EMIs).Repo rate is the rate…

Edited By: Mohammad HarisLast Updated: February 12, 2023, 09:38 ISTCheck Axis Bank's latest FD interest rates:Axis Bank FD rate hike comes at a time when major banks are increasing their fixed deposit interest rates after the repo rate hike…

Last Updated: February 07, 2023, 07:45 ISTOne in 10 invested in an FD for safety from market volatility.Kuvera’s survey found that over one in five respondents turned to FD to park emergency funds while beating inflation. Safety from market…

If a FD matures and proceeds are unpaid, the amount left unclaimed with the bank will attract savings bank rate of interest.The interest-paying interval can vary according to the fixed deposit terms.Fixed deposits (FD), also known as term…

The RBI MPC meeting is going to take place next week between February 6-8, to decide on the interest rate movement in the country. The central bank in 2022 raised the repo rate five times by 225 basis points in total to 6.25 per cent.…

Edited By: Mohammad HarisLast Updated: December 30, 2022, 18:24 ISTSmall savings schemes are savings instruments, including PPF, NSC and post office deposits, managed by the government to encourage citizens to save regularly.Govt has hiked…

Even as the RBI has raised interest rates in the past few months to control inflation, banks are also increasing interest rates on their loan and deposit offerings. Several banks, including HDFC Bank, PNB and ICICI Bank, have also raised…