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In a financial landscape where risk and reward often dominate conversations around investing, Axis Bank’s latest campaign for Fixed Deposits, under the tagline #SafeInvestingIsSmartInvesting ...
A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a ...
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 ...
It is, therefore, recommended to lock your savings into fixed deposits (FDs) for a medium to long term if you are planning to invest in some safe instruments. I. State Bank of India (SBI): The ...
(Image: Freepik) The Reserve Bank of India (RBI) is likely to go for a rate cut in its April MPC meeting, which may prompt banks to lower the interest rates on their fixed deposits further.
Reportedly, the Reserve Bank Officers’ Co-operative Credit Society Ltd, with about 3,500 members, had a fixed deposit of ₹105 crore with PMC, and Reserve Bank Staff & Officers Co-operative ...
Some of the lenders that slashed FD or fixed deposit rates are HDFC Bank, Yes Bank and Bank of India (BOI) among others. Some of the lenders that slashed FD or fixed deposit rates are HDFC Bank, Yes ...
State Bank of India (SBI) and HDFC Bank are set to close their special fixed deposit schemes on March 31, 2025, which they had declared earlier. These schemes offer higher interest rates compared ...
Mumbai: Bank of Baroda has launched a new fixed deposit product called the ‘bob Square Drive Deposit Scheme.’ This scheme offers attractive interest rates of up to 7.80 per cent per annum for ...
With the RBI reducing repo rates, fixed deposit interest rates are expected to fall. Experts advise investors to act quickly and lock in higher rates, especially in longer-term FDs, to maximize ...
On that note, let’s explore 3-year fixed deposits of some of the popular banks such as State Bank of India (SBI), Punjab National Bank (PNB) & Bank of Baroda (BoB) to find out how much you will earn ...
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