1. Compare interest rates first: One must compare the interest rates of different banks before finalising the bank. 2.
A fixed deposit is a trusted financial instrument that has been a popular choice for conservative investors for decades.
Fixed Deposits (FDs) are a staple of Indian investing. They offer guaranteed returns with minimal risk, offering a saf ...
In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with ...
Several government and private banks in India have increased their fixed deposit interest rates ahead of the RBI's monetary ...
M Nagaraju, Secretary of the Department of Financial Services, said the Budget move is expected to bring an additional ...
Budget 2025 proposes raising the TDS threshold on interest earned from fixed deposits by non-senior citizens from Rs 40,000 to Rs 50,000 per annum, effective April 1, 2025. TDS is deducted by banks on ...
Budget 2025-26 proposes tax changes to boost bank deposits by ₹40,000-45,000 crore, improving liquidity and credit growth.
The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...
A Fixed Deposit (FD) is a savings product offered by banks and financial institutions where an individual deposits a lump sum ...
Customers who back their credit card with a fixed deposit will earn an interest rate of 7.25% on a 1-year FD, combining the ...