Investing does not have to be complicated. In fact, sometimes the simplest options are the best; take Fixed Deposits for ...
Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...
In pay-out type FDs, much like shown in the above table, no TDS will be deducted as the principal and interest amount will ...
With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...
Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...
Banks are expected to start lowering the rates on FDs in alignment with the decrease of the benchmark lending rate by the ...
RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
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.
"Locking in an FD means securing a fixed interest rate for a specific period. Once invested, the money cannot be withdrawn ...
With banks expected to lower FD rates in response to cheaper borrowing costs, returns on deposits could shrink in the coming ...