Thu, Oct 10, 2019
With RBI's monetary policy announcement, bank interest rates have come down below the 7 per cent mark. The State Bank of India (SBI) has also reduced interest rates on Fixed Deposits (FDs), extending a maximum of 6.4 per cent.
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Tue, Oct 01, 2019
Fixed deposits (FDs) still retain the faith of people as the most reliable investment option as interests earned from a bank FD is fixed and those who wish to spare their savings in this financial instrument are already aware of it.
Tue, Aug 14, 2018
Fixed Deposit (FD) rates: HDFC Bank recently increased its Fixed Deposit interest rates. HDFC is now offering 7.75 per cent interest rate on several term deposits of 1-2 years for senior citizens.
Wed, May 03, 2017
Sadagopan said, "FD rates are a problem area for those who are dependent on the interest from it for their sustenance."
Thu, Nov 24, 2016
Days after Prime Minister Narendra Modi signalled that rates are on the way down, State Bank of India (SBI) on Wednesday slashed bulk deposit rates by up to 1.9% taking advantage of the surge in deposits following demonetisation.
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