Deposit News

Money

Indian Bank's two new fixed deposits offer interest upto 7.9 percent

Indian Bank IND Secure offers 7.15 percent to regular citizens, for senior citizens – interest rate is 7.65 percent per annum and for super senior citizens - it is 7.90 percent.

1 min read15 May 2025
Money

Top 6 banks offering highest FD interest rates in 2025 – Full list inside

Here we list out the fixed deposit interest rates offered by different banks including HDFC Bank, ICICI Bank and other state lenders such as SBI and Bank of Baroda

1 min read9 May 2025
Money

THESE 2 banks revise their fixed deposit interest rates starting today. Check details

Bank of Baroda and Kotak Mahindra Bank have revised their interest rates on fixed deposits with effect from May 5, 2025

2 min read5 May 2025
Money

IDBI Bank, Ujjivan Small Finance Bank cut their FD interest rates on THESE tenures

IDBI Bank has cut its interest rates on select tenures of its fixed deposits. On a tenure of 444 days, interest rates have been cut from 7.35 to 7.25 percent. On a tenure of 555 days, interest rates have been slashed from 7.40 to 7.30 percent.

1 min read25 Apr 2025
Economy

Banks target to clear 30-40% unclaimed deposit in FY26

The Centre is likely to ask PSBs to identify geographical areas with the most unclaimed deposits, set quarterly settlement targets at the branch level, and develop a standard operating procedure (SoP) to achieve the target

2 min read24 Apr 2025
Companies

RBI cancels licence of Aurangabad-based Ajantha Urban Co-op Bank Maryadit

RBI cancels licence of Aurangabad-based Ajantha Urban Co-op Bank Maryadit

1 min read22 Apr 2025
Money

Is India's bank deposit insurance adequate? A reality check

India’s deposit insurance scheme offers wide coverage by number, but not by value—leaving large depositors at risk. With household savings rising, is the RBI’s safety net still fit for purpose?

3 min read22 Apr 2025
Money

FDs vs small savings schemes: Which saving instruments offer better returns?

Several post office savings schemes offer marginally higher returns over what most banks give on their fixed deposits (FDs)

2 min read16 Apr 2025
Money

SBI cuts FD interest rates by 10 basis points for THESE two tenures starting today. Check details

With effect from April 15, State Bank of India (SBI) has cut its interest rates on fixed deposits (FDs) for two tenures: for 1 to 2 years and for 2 to 3 years

1 min read15 Apr 2025
Money

These 7 banks offer highest interest rates on their 1-year fixed deposits. Check latest list

FD interest rates: These private sector and state banks offer anywhere between 6.6 to 7 percent interest per annum to general citizens on their fixed deposits (FDs), and between 7.1 to 7.6 percent to senior citizens.

2 min read14 Apr 2025

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