SBI: It offers 7 percent on fixed deposits to general citizens for a tenure between 2-3 years and 7.5 percent to senior citizens. Bank of Baroda: It offers 7.15 percent to general citizens and 7. ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
Now, there is an expectation that banks would bring down the fixed deposit (FD) interest rates sooner than later. So, this could be your last chance to lock your savings in fixed deposit if you so ...
(Image: Freepik) Fixed deposit (FD) rates are currently looking pretty attractive. If you’ve been thinking about parking your savings in guaranteed return investment schemes and earn decent ...
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 ...
India’s largest lender, State Bank of India (SBI), reported a strong performance ... the bank remains confident about meeting its credit and deposit growth targets. "On credit growth, our ...
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 ...
While the rate cut may prompt banks to lower loan interest rates, it could also reduce fixed deposit rates, affecting customers, including senior citizens. The repo rate increase or decrease has a ...
Fixed income is the cornerstone of many an investment portfolio, writes Mark Lister. Photo / 123RF Term deposit rates have fallen sharply over the past several months. After hitting 15-year highs ...
Deposits are a precious commodity, and they are most at risk of fleeing when banks announce mergers. During a recent call to discuss an agreement to buy Enterprise Bancorp in Lowell, Massachusetts ...
However, some accounts still require a minimum opening deposit or only waive monthly fees if you maintain a certain balance. Fortunately, there are many free checking accounts with no deposit ...