News

Brokered deposits at US banks declined for the fifth quarter in a row as many banks reduce reliance on expensive sources of ...
Only 0.1 percent of account holders have deposits of Tk 1 crore or more ... Using data from the Bangladesh Bank, the PRI conducted the study titled "Spatial and Historical Trends of Financial ...
Summary If you’re shopping around for a fixed deposit, you might be attracted by the higher interest rates paid out on some foreign currencies. But does a higher rate mean you’ll get more for your ...
Indian Bank and Bank of Baroda. SBI’s Amrit Vrishti scheme—this special 444-day fixed deposit offers an interest rate of 6.85% per annum for general citizens.For senior citizens, the bank ...
Fixed deposits maturing in five to ten years now offer an interest rate of 6.30 per cent for the general public. This is the second consecutive reduction in deposit rates by SBI. In April, the bank ...
As per the bank's website, the cut in interest rates on retail domestic term deposits below Rs 3 crore is applicable for both general public and senior citizens.
Fixed deposits are a critical investment tool offered by banks to ... Notably, banks revise FD rates after rate cuts by the Reserve Bank of India's Monetary Policy Committee. Secure returns and ...
For senior Indian citizens, the most trustworthy options among investments are bank fixed deposits (FDs) for retirees and the Senior Citizen Savings Scheme (SCSS). Although both options provide ...
Indian Bank has announced the introduction of two new fixed deposit (FD) schemes, IND SECURE and IND GREEN, effective from May 8, 2025. These schemes aim to offer competitive interest rates to ...
Indian Bank has introduced IND Secure with effect from May 8 with investment starting from ₹1,000 to ₹3 crore. The validity of this fixed deposit (FD) is till Sept 30, 2025. The interest ...
The increase in the ceiling of bank deposits protected by law, the first of its kind since 2001, is designed to better reflect the growth of the country's economy, as well as protect customers. The ...