The banks which have slashed their interest rates on fixed deposits (FDs) in the month of February are DCB Bank and IndusInd Bank.
1 min read25 Feb 2025FD interest rates: Equity markets have declined significantly on foreign investors’ selling spree, with Nifty50 down 8 per cent from its all-time high. Therefore, investing in a fixed-income instrument is not an unfeasible option as of now.
2 min read29 Oct 2024Before choosing a fixed deposit, it’s important to compare the interest rates on offer.
1 min read5 Mar 2024Those who want to earn marginally higher interest rates on their fixed deposits, at times, lock them in the name of their old parents since banks offer generally 50 basis points higher interest rate to senior citizens.
2 min read2 Feb 2024Federal Bank has adjusted its deposit rates, raising rates for both resident and non-resident deposits.
1 min read7 Dec 2023Before choosing an FD, you should compare the interest rates on offer
1 min read15 Nov 2023A few small finance banks are luring both new and old customers by offering more than 9% interest rate on their fixed deposits, thus, helping them amass considerable returns for the future.
5 min read9 Nov 2023Best FD rates: Small finance banks offer the highest interest on fixed deposits, with DCB Bank and Punjab & Sind Bank offering the best rates among private and public sector banks respectively
2 min read3 Nov 2023Most top public and private lenders have been offering interest rates in the range of 7-8 percent per annum. Senior citizens are entitled to receive an extra 50 basis points over and above of the prevailing interest rate
2 min read25 Oct 2023In the June 2023 policy, the central bank followed a similar move in its April review, which came after raising the key lending rate by 250 basis points (bps) in six installments starting from May 2022.
2 min read10 Jun 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared