Tag: Fixed Deposit Rates
Posted in Finance
RBI MPC | RBI Repo Rate: Will FD interest rates drop sharply if RBI MPC keeps repo rate unchanged on October 6, 2023?
October 5, 2023 Leave a Comment on RBI MPC | RBI Repo Rate: Will FD interest rates drop sharply if RBI MPC keeps repo rate unchanged on October 6, 2023?
The Reserve Bank of India (RBI) monetary policy committee (MPC) is likely to put a pause on the repo rate again in its bi-monthly review…
Posted in Finance
PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates
February 20, 2023 Leave a Comment on PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates
Punjab National Bank (PNB) has increased interest rates of select fixed deposits (FDs) tenures by up to 30 basis points (bps). The new interest rates…
Posted in Finance
FD interest rate up to 7.85%: Banks offering highest 2 year fixed deposit rates
February 3, 2023 Leave a Comment on FD interest rate up to 7.85%: Banks offering highest 2 year fixed deposit rates
Due to its safety and fixed returns, the fixed deposit (FD) is one of the most popular investments among risk averse investors. One of the…
Posted in Finance
FD: Don’t get misled by high FD yield of over 12%; know how to check ‘actual’ interest rate of fixed deposits
January 31, 2023 Leave a Comment on FD: Don’t get misled by high FD yield of over 12%; know how to check ‘actual’ interest rate of fixed deposits
Thanks to back-to-back repo rate hikes by the Reserve Bank of India (RBI), banks, small finance banks, and non-banking financial companies are now offering lucrative…