The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...

Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...

Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...

"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 Once invested, the money cannot be withdrawn ...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.

The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.

The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can ...

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.

The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...

With banks expected to lower FD rates in response to cheaper borrowing costs, returns on deposits could shrink in the coming ...

In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...