Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
"Locking in an FD means securing a fixed interest rate for a specific period. Once invested, the money cannot be withdrawn ...
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.
With banks expected to lower FD rates in response to cheaper borrowing costs, returns on deposits could shrink in the coming ...
The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can ...
When interest rates decrease, the bonds within debt funds, especially those with higher coupon rates, become more valuable as ...
Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.
PPF is one of the most popular long-term saving schemes. The tenure is 15 years, with an option to extend in 5-year blocks.
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...
The Reserve Bank of India (RBI) 's Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the ...