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7.5% FD Interest Rate: ICICI Bank Extends Special FD Scheme

Leading private bank, ICICI Bank has extended its Special FD Scheme for senior citizens known as "ICICI Bank Golden Years FD". The bank has decided to extend the special FD scheme by yet another 6 months. Now the special scheme will ...

FD Interest Rates Hiked: Govt Bank's 444 Days FD Now Offers Highest Interest Rate

Leading public sector lender, Indian Overseas Bank has decided to modify its interest rates for fixed deposits below Rs 2 crore. The announcement has come after Reserve Bank of India (RBI) sought to keep the repo rate unchanged at 6.5% in ...

Highest FD Interest Rates: These Lenders Offer More Than 9% Interest Rates

Leading lenders across the country that may include small finance banks, non-banking financial companies, private, and public sector banks have been hiking fixed deposit interest rates to make them attractive for investors. Meanwhile, the Reserve Bank of India decided to keep ...

It's A Pause, Not A Pivot: RBI Governor On Decision To Hold 'Interest Rate'

Governor Shaktikanta Das on Thursday said "it's a pause and not a pivot" about the Reserve Bank's surprise decision to hold the key policy rate at 6.50 per cent after hiking the rate six times since May last year. Cumulatively since ...

New Limited Period FD Scheme Offers Up To 9.15% Interest Rate

Shriram Finance Ltd launched a special fixed deposit scheme under the Shriram Unnati Jubilee Deposit category for a limited tenure. The limited period special FD scheme will offer customers maximum fixed deposit interest rates of up to 9.15% p.a. for senior ...

City Union Bank Hikes FD Rates, Now Offers Upto 7.50% To Senior Citizens

City Union Bank, a private sector lender, has hiked the interest rates on fixed deposits (FDs) to less than Rs 2 Crore. According to City Union Bank's official website, the new rates on FDs are effective from April 5, 2023. The ...

How Corporate India Reacted To RBI's MPC Decision

The Reserve Bank of India (RBI) Governor, Shaktikanta Das announced on Thursday April 6,2023, the decision of monetary policy committee (MPC)to keep the repo rate on hold, with "a readiness to act". The RBI has a mandate to ensure that retail ...

7.90% FD Interest Rate From This Govt Bank, New Rates Effective From April 5, 2023

Leading public sector bank, Canara Bank has raised fixed deposit interest rates. The bank has hiked FD interest rates for deposits below Rs 2 crore. The new interest rates have been implemented beginning from April 5, 2023, as per Canara Bank's ...

RBI Likely To Hike Benchmark Interest Rate By 25 Bps On April 6

Under pressure to bring down retail inflation and keep pace with global peers, the Reserve Bank may go in for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May ...

PSU Bank Hikes Interest Rate On Special Fixed Deposit, New Rates Effective

Leading PSU bank, Bank of India has hiked interest rates on its special fixed deposit scheme namely "Shubh Arambh Deposits". The special FD scheme, Shubh Arambh Deposits is for 501 days tenure below Rs 2 crore. The new rates have already ...

Banks Offering High Interest Rate Of Nearly 8% On 3 Year FDs

Several small finance banks, foreign banks and private banks are offering interest rate of upto 8% on a fixed deposit (FD) for a term of 3 years. The rise in fixed deposit rate as preferred investment option is on the rise ...

3 Large Private Banks Offering Over 8% Interest Rates On FDs

The surging interest rates have made fixed deposits an attractive investment option for customers. Earlier this year in February, the Reserve Bank of India (RBI) hiked the repo rate by 25 basis points to 6.5%. 3 Large private banks have recently ...

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