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SBI, the country’s largest bank, has cut FD rates by 10 basis points while Bank of India has reduced rates by up to 25 basis points, effective Tuesday, signalling quicker monetary transmission ...
Several banks have also pared term deposit rates in recent weeks. SBI, HDFC Bank, Punjab National Bank, Canara Bank, Bank of ...
FD rates: Bank of India has announced the withdrawal of its special 400-day fixed deposit scheme, which offered an interest rate of up to 7.30%. This decision is part of a broader adjustment in ...
Banking stocks surged after several state-run and private lenders cut fixed deposit and savings rates in response to the RBI’s recent repo rate reduction.
Indian government bond prices jumped to over three-year highs on Tuesday, led by short-end gains after the Reserve Bank of ...
State Bank of India, Bank of India and Kotak Mahindra Bank have slashed interest rates on fixed deposits following the repo ...
"Choose an FD tenure that provides a balance between returns and the horizon for which you can invest," says Shetty. Avoid ...
ICICI Bank has decreased its savings account interest rates by 25 basis points, mirroring recent actions by HDFC Bank and ...
Bank of India (BoI) has reduced the interest rate on its short-term & medium-term fixed deposits (FDs) for various maturities by up to 25 basis points with effect from April 15, even as it has ...
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also ...
the central bank this time appears intent on ensuring broader monetary transmission. A flush of liquidity in the banking system has brought down overnight rates closer to the reverse repo rate-the ...