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The bank previously offered a 5.20 per cent interest rate on RDs maturing in 27 months to 36 months, but now the rate applicable is 5.40 per cent, a 20 basis point increase.

HDFC Bank hikes interest rates on recurring deposits of 27 to 120 months

1 min read . 03:36 PM IST

Jana Small Finance Bank is giving a regular rate of 2.50 per cent on FD Plus products worth less than ₹2 crore that mature in 7 days to 180 days. Regular customers will get a 3.50 per cent interest rate on FD Plus accounts maturing in 181-364 days.

Jana SFB revises fixed deposit rates: Regular customers can now get up to 7.20%

1 min read . 11:33 AM IST

IDFC First Bank, a private sector lender, has raised interest rates on fixed deposits of less than ₹2 crore.

IDFC First Bank hikes interest rates on fixed deposits: Check new rates here

1 min read . 06:26 AM IST

Paytm in March denied a report that said RBI had found its servers were sharing information with China-based entities that indirectly own a stake in the firm.

Paytm Payments Bank hopes RBI to lift curbs on taking new customers soon

2 min read . Updated: 23 May 2022

Punjab National Bank (PNB) has said the bank recorded a total of 67,637,918 zero-balance accounts as of March 31, 2022

This public sector bank's zero balance accounts rise by over 139% in four years

1 min read . Updated: 22 May 2022

Following the revision of interest rates on savings bank deposits with effect from 01.06.2022, the bank will now provide an interest rate of 2.75 per cent, down from 2.90 per cent before a 15 basis point reduction on savings account balances of up to Rs.50 lakhs.

Union Bank of India to give these rates on savings accounts w.e.f. 1.06.2022

1 min read . Updated: 22 May 2022

Previously, the bank offered an interest rate of 5.1 per cent, but it has been raised by 15 basis points to 5.25 per cent on deposits of one to two years. The bank has left the interest rate on the remaining tenors constant.

This private bank hikes interest rates on 1 to 2 years fixed deposits (FDs)

1 min read . Updated: 22 May 2022

Amid rising interest rates of bank fixed deposits (FDs), another private sector lender, DCB Bank, has joined the bandwagon by raising its fixed deposit interest rates.

DCB Bank hikes interest rates on resident term deposits: Check new rates here

3 min read . Updated: 22 May 2022

The bank offers a term deposit scheme for senior citizens called ICICI Bank Golden Years FD, a special fixed deposit scheme in which the bank gives an additional rate of interest and the standard benefit of 0.50 per cent.

ICICI Bank hikes interest rates on Golden Years FD for senior citizens

2 min read . Updated: 22 May 2022

SBI has invited applications from retired officers of SBI for the posts of Channel Manager on a contractual basis

SBI recruitment 2022: Job opens for 641 posts; Check eligibility, salary

1 min read . Updated: 22 May 2022

RBI’s credibility hinges on bringing inflation below 5%: MPC’s Varma

4 min read . Updated: 20 May 2022

Ujjivan Small Finance Bank (SFB) has revised interest rates on fixed deposits of less than ₹2 Cr.

Ujjivan SFB revises interest rates on fixed deposits: Details inside

5 min read . Updated: 20 May 2022

Interest rates on savings bank deposits have been revised by the DICGC-insured Ujjivan Small Finance Bank (SFB).

Ujjivan SFB alters savings account interest rates: Check details here

2 min read . Updated: 20 May 2022

RBL Bank’s advanced cloud-based processing will offers an agile infrastructure resulting in an improved payments experience.

RBL Bank collaborates with Amazon Pay to offer UPI Payment Services

1 min read . Updated: 20 May 2022

On May 19, 2022, the private sector lender DCB Bank announced a modification in savings bank deposits.

DCB Bank revises interest rates on savings account: Check new rates here

2 min read . Updated: 20 May 2022

The RBI notice said that the card-less cash transactions shall be processed without levy of any charges.

RBI directs banks and ATMs on cardless cash withdrawals. Read here

1 min read . Updated: 19 May 2022

Ten state-run banks, which have published their March quarter results so far, reported a 75% jump in net profit while 18 private sector banks reported a 91% growth in net profit (Photo: Mint)

Banks report strong earnings, expect loan growth to improve

1 min read . Updated: 19 May 2022

Insiders have flagged irregularities in the governance process. Among the unanswered questions, were the institutional shareholders of Fino Paytech consulted?

The curious case of Fino Bank exits

10 min read . Updated: 19 May 2022

Effective as of 18th May 2022, HDFC Bank has hiked interest rates by 10 to 20 bps on multiple tenors.

HDFC Bank hikes interest rates on fixed deposits (FDs): Check latest rates here

2 min read . Updated: 18 May 2022

Besides Sachin Bansal’s firm, UAE Exchange and Financial Services Ltd, REPCO Bank and the consortium of Pankaj Vaish were among the other applicants rejected. mint

RBI rejects six banking licence applications

2 min read . Updated: 18 May 2022

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