RBI MPC: Rate cut may shrink FD returns. How senior citizens can lock in better rates now
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%—the first reduction in nearly five years. While this move benefits borrowers, it also signals a decline in fixed deposit (FD) interest rates,
Earn 8% or more: Lock in your FDs before banks start cutting interest rates
"Locking in an FD means securing a fixed interest rate for a specific period. Once invested, the money cannot be withdrawn before maturity without a penalty. This ensures the investor continues to earn the agreed rate, even if interest rates drop in the future," said Shetty.
These banks have revised FD rates ahead of RBI meeting
Ahead of the RBI MPC meeting which is set to end on February 7 with a likely cut in interest rates, several banks in India have made revisions to their fixed deposit (FD) rates. Check details here:
RBI cuts repo rate by 25 bps: FD rates may come down -Here's what investors can do
The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
RBI cuts repo rate: What this means for fixed deposit investors
The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can borrow funds at a lower cost. However, it also leads to a drop in deposit rates,
New RBI Governor Delivers India’s First Rate Cut Since 2020
India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing economy as global risks intensify.
Amid RBI rate cut cheers, did you miss RBI's alert that could threaten India’s economy?
The Reserve Bank of India (RBI) has cut interest rates for the first time in nearly five years, reducing the repo rate to 6.25% to support economic growth. However, Governor Sanjay Malhotra warned of global risks that could impact India's financial stability.
RBI MPC 2025: Panel Slashes Key Rates By 25 Bps, See How This Will Make Home Loans Cheaper
The Reserve Bank of India (RBI) on Friday announced that the Monetary Policy Committee (MPC) has decided to slash key rates by 25 basis points. Sharing the decision, Governor Sanjay Malhotra said that the repo rate now stands at 6.
RBI MPC slashes repo rate after 5 years. Is another cut likely this year? Experts answer
The Reserve Bank of India cut the repo rate by 25 basis points to 6.25%, marking its first reduction in nearly five years. The central bank aims to balance inflation control with economic growth, maintaining a neutral stance amid mixed expert reactions.
Last chance to lock fixed deposits at the current interest rates as RBI kicks off rate cut cycle; check latest rates
Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...
Will banks slash fixed deposit rates now with RBI repo rate cut? Should investors look for other avenues?
The RBI announced a reduction in the repo rate to 6.25% on Friday, marking the first cut in almost five years. This rate ...
Fixed deposit rates may fall after RBI cut - what investors can do now
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
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RBI's repo rate cut may impact fixed deposit interest rates
The Reserve Bank of India (RBI) 's Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the ...
SBI latest FD rates for senior citizens: Here's how much you will get on Rs 1 lakh investment
SBI offers a loan against fixed deposit and the interest rates are usually lower when compared to other loans.
RBI MPC Meeting 2025: Major Banks Revise FD Interest Rates Ahead of Key Decision-Full List Inside
Ahead of the RBI MPC meeting outcome announcement, which is scheduled for February 7th, major banks across India have already ...
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Is your money safe? PPF vs FD during economic downturn
The Public Provident Fund (PPF) is a government-backed scheme with the highest safety. During downturns, while other ...
India Central Bank Kicks Off Easing Cycle to Boost Economy
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...