In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with ...
Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to ...
The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...
A fixed deposit offers consistent long-term returns and higher interest rates than savings accounts. SBI offers rates from 6.5% to 7% for terms of 1 to 5 years, while India Post offers 6.7% to 7.1% ...
This private sector bank offers an interest of 7.90 percent per annum on 375-day deposit and 8 percent on 444-day deposit.
State Bank of India (SBI), a PSU bank, provides several fixed deposit (FD) schemes, including special FDs like Amrit Vrishti.
Several large Indian banks, including India’s largest lender State Bank of India (SBI), HDFC Bank, Punjab National Bank (PNB) ...
Some of India's top banks have launched special fixed deposit schemes and revised their FD interest rates, especially for ...
SBI keeps its Marginal Cost of Funds Based Lending Rate stable for 2025, ensuring no increase in loan interest rates for ...
This scheme offers an additional 65 basis points (bps) over the banks standard regular deposit rates for Utsav FDs and 15 ...
These schemes offer higher interest rates, benefiting conservative investors and senior citizens. They help banks manage ...
Mumbai: Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks ...