State Bank of India (SBI) offers SBI Green Rupee Term Deposit Scheme, which is aimed to mobilise deposits to support the bank ...
As the Reserve Bank of India's (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate ...
While the rate cut may prompt banks to lower loan interest rates, it could also reduce fixed deposit rates, affecting customers, including senior citizens. The repo rate increase or decrease has a ...
This decision by the central bank is likely to have an impact on fixed deposit (FD) investors, as it is anticipated that interest rates will decrease even further. The repo rate essentially ...
It’s unlikely they will have the confidence to cut deposit rates at this juncture,” he said. Sujan Hajra, Chief Economist & Executive Director, Anand Rathi Group, noted that with net interest ...
Earn up to 4.50%. Today’s highest CD rate of 4.50% is offered by Quontic Bank on its 3-month CD. There are other banks ...
The 25 bps cut is expected to prompt banks to decrease their lending rates, making loans more affordable for borrowers. However, this move may also result in a decrease in fixed deposit interest ...
The Bank of Cyprus offers an average rate of 1.69 per cent, below the market average of 1.94 per cent, while Hellenic Bank stands above the average at 2.14 per cent. On the whole, deposit interest ...
The Reserve Bank of India's Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, has decided to lower the policy repo rate by 25 basis points, from 6.5 percent to 6.25 percent.
CD rates are still riding high, but could fall in 2025 and 2026. That makes now a great time to lock in one of today's stellar returns for one, two or even five years down the road.
TDS threshold for fixed deposits interest income earned by senior citizens will go up from Rs 50,000 to Rs 1 lakh from FY26 and the Budget has also proposed an increase in tax deduction at source ...
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...