SBI, India's biggest public sector bank, offers a 7.50 per cent interest rate on fixed deposits made by senior citizens.

the SBI Patrons FD is a special fixed deposit scheme exclusively for super senior citizens aged 80 years and above. It offers an additional 0.10% interest rate over the standard senior citizen ...

SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...

The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to cut the policy repo rate by 25 basis points, from ...

"Locking in an FD means securing a fixed interest rate for a specific period. Once invested, the money cannot be withdrawn ...

The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...

SBI’s board rates are very low. Besides putting your money with banks, it’s also worthwhile looking into other financial institutions which also offer competitive fixed deposit rates. Hong Leong ...

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

Typically, a cut in repo rate is followed by a similar ... citizens and 7.9 percent to senior citizens. SBI: It offers 7 percent on fixed deposits to general citizens for a tenure between 2-3 ...