SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here
2 years, 6 months ago

SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here

News 18  

SBI Fixed Deposit Interest Rates: A week after the Reserve Bank of India increased its repo rates for the second straight time in a row, India’s largest pubic sector lender State Bank of India hiked its interest rates on fixed deposits by up to 20 basis points. For tenures of one year to less than two years, the rates have been hiked from 5.10 per cent to 5.30 per cent, which is also an increase of 20 basis points. SBI FD rates for deposits maturing between two years and less than three years have been hiked by 15 basis points from 5.20 per cent to 5.35 per cent, the bank said. The rate applicable to all Senior Citizens and SBI Pensioners of age 60 years and above will be 0.50 per cent above the rate payable for all tenors to resident Indian senior citizens. Here are the revised interest rates on bulk fixed deposits of below Rs 2 crore at the SBI from June 14, 2022: 7 days to 45 days: For General Public – 2.90 per cent; For Senior Citizens – 3.40 per cent 46 days to 179 days: For General Public – 3.90 per cent; For Senior Citizens – 4.40 per cent 180 days to less than 1 year: For General Public – 4.60 per cent; For Senior Citizens – 5.10 per cent 1 year to less than 2 years: For General Public – 5.30 per cent; For Senior Citizens – 5.80 per cent 2 years to less than 3 years: For General Public – 5.35 per cent; For Senior Citizens – 5.85 per cent 3 years to less than 5 year: For General Public – 5.45 per cent; For Senior Citizens – 5.95 per cent 5 years to up to 10 years: For General Public – 5.50 per cent; For Senior Citizens – 6.30 per cent.

General Interest Fixed Deposits Senior Citizens Public Cent Rate Citizens Rbi Rates Senior Deposit Deposits Sbi Fixed General Public Sbi Fd  interest  general  rates  fd  deposits  check  citizens  senior  public  sbi  tenors  rate  deposit  cent  fixed  hiked

History of this topic

These 5 banks revise their fixed deposit interest rates: Check details
3 days, 8 hours ago

These 5 banks revise their fixed deposit interest rates: Check details

Hindustan Times  

A number of banks have revised their fixed deposit interest rates in December 2024. Time Period Single Deposit Less than ₹ 3 crore Single Deposit Less than ₹ 3 crore 7 days to 29 days 3.00% 3.50% 30 days to 45 days 3.50% 4.00% 46 days to 180 days 5.50% 6.00% 181 days 6.50% 7.00% 182 days to 270 days …

RBI hikes rate caps on diaspora’s foreign currency deposits to attract flows
2 weeks, 4 days ago

RBI hikes rate caps on diaspora’s foreign currency deposits to attract flows

Live Mint  

Mumbai, Dec 6 The Reserve Bank on Friday announced a raise in the interest rate caps on the diaspora's foreign currency deposits, in a move aimed at attracting more capital flows amid pressures on the rupee. Announcing the fifth bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said it has been decided to increase the interest …

Canara Bank revises fixed deposit rates. Check comparative FD rates of PNB, ICICI, HDFC, SBI, Union Bank
2 weeks, 5 days ago

Canara Bank revises fixed deposit rates. Check comparative FD rates of PNB, ICICI, HDFC, SBI, Union Bank

Live Mint  

Canara Bank FD rates: Canara Bank's fixed deposit rates were revised on December 1, 2024. Those looking to invest in fixed deposits must carefully compare Canara Bank's revised FD rates with fixed deposit rates in Punjab National Bank, ICICI Bank, HDFC Bank, State Bank of India, Union Bank of India, etc. Canara Bank vs PNB vs ICICI vs SBI vs …

These 5 banks revise FD rates ahead of RBI's rate decision
2 weeks, 6 days ago

These 5 banks revise FD rates ahead of RBI's rate decision

India Today  

Several banks have recently revised their fixed deposit rates, offering attractive returns for both regular customers and senior citizens. Here's a closer look at the latest FD rate revisions across banks: KARNATAKA BANK Karnataka Bank has updated its FD rates for callable and non-callable deposits, effective December 2, 2024. Specifically, the bank offers the following FD interest rates for general …

Best Bank FD Rates: Earn up to 8.25% on fixed deposits
1 month ago

Best Bank FD Rates: Earn up to 8.25% on fixed deposits

Live Mint  

Fixed deposits offer a reliable, consistent long-term return on investments. Starting November 5 onwards, the interest rates will range from 3.25 per cent to 7.75 per cent. For senior citizens, interest on their fixed deposits will be in the range of 3.75 per cent to 8.25 per cent. The bank will give the highest interest on the tenure of 18 …

FD interest rates: Here’s what is on offer by HDFC Bank, SBI, ICICI, Canara & more — compare who is offering most
1 month, 1 week ago

FD interest rates: Here’s what is on offer by HDFC Bank, SBI, ICICI, Canara & more — compare who is offering most

Live Mint  

India FD interest rates comparison: Public and private banks in India offer a varied range of fixed deposit interest rates, and it is thus recommended that you compare most options available before making an investment. Private Banks' FD Rates India's largest private lender, HDFC Bank, is offering FD interest rates between 6.60-7.00 per cent for all customers and between 7,10-7.50 …

FD interest rates: These 7 banks offer highest interest on their 1-year-FDs
1 month, 1 week ago

FD interest rates: These 7 banks offer highest interest on their 1-year-FDs

Live Mint  

Before opening a fixed deposit account, depositors typically compare the interest rates offered by banks on their fixed deposits. Kotak Mahindra Bank: It offers 7.1 percent to general citizens and 7.6 percent on one-year fixed deposits to senior citizens with effect from June 14. Federal Bank: It offers 6.8 percent to general citizens and 7.3 percent to senior citizens on …

EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details
1 month, 1 week ago

EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details

Live Mint  

State Bank of India has raised the marginal cost of funds based lending rates, MCLR, with effect from Friday. New lending rates with effect from Nov 15 Tenures Existing rate New rate Over night 8.20 8.20 One month 8.20 8.20 Three month 8.50 8.55 Six month 8.85 8.90 One year 8.95 9.00 Two years 9.05 9.05 Three years 9.10 9.10 …

At India’s largest bank, all eyes on premium customers
1 month, 2 weeks ago

At India’s largest bank, all eyes on premium customers

Live Mint  

Mumbai: State Bank of India may be taking the higher road as it joins the scramble for customer funds without resorting to a rate war, but its outlook signals an extended industry struggle for deposit growth. India’s largest bank on Friday tempered its guidance on deposit growth to 10-11% from 12-13% for 2024-25 as customers might have now found more …

SBI Dismisses Concerns About Flagging In Banking Sector's Deposit Growth
4 months ago

SBI Dismisses Concerns About Flagging In Banking Sector's Deposit Growth

News 18  

State Bank of India, India’s largest lender and public sector bank, in its report, has dismissed the concerns about the flagging in the banking sector’s deposit growth. The report highlighted that in the Financial Year 23, the banking sector, particularly All Scheduled Commercial Banks, registered the highest absolute growth in both deposits and credit since 1951-52. Meanwhile, the credit expanded …

SBI Hikes MCLR by 10 Basis Points, Third Consecutive Increase
4 months, 1 week ago

SBI Hikes MCLR by 10 Basis Points, Third Consecutive Increase

Deccan Chronicle  

Mumbai: The country’s largest lender State Bank of India has raised its Marginal Cost of Funds-based Lending Rate by 10 basis points across all tenors impacting largely some old individual borrowers or companies whose loans are still linked to MCLR. According to Vipul Patel, founder, of Mortgageworld, a home loan advisory company, “While new borrowers have their loan rates linked …

SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here
4 months, 1 week ago

SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here

News 18  

State Bank of India, India’s largest lender, has raised its marginal cost of funds-based lending rate by 10 basis points. SBI Revised MCLR Rates SBI’s overnight MCLR has increased from 8.10% to 8.20%. The changes in MCLR rates are as follows: Impact On Loans The interest rates on loans are also likely to rise by a similar measure, and EMIs …

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?
4 months, 1 week ago

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?

India TV News  

The State Bank of India, the largest state-owned bank in India, has announced an increase in its lending rates by 10 basis points across tenors, effective from August 15, 2024. Introduced in April 2016 as a replacement for the base rate system, the MCLR is used as a benchmark for setting lending rates unless specific exceptions are approved by the …

Want to do FD? Know which govt bank offers highest interest rate on fixed deposits
4 months, 1 week ago

Want to do FD? Know which govt bank offers highest interest rate on fixed deposits

India TV News  

Fixed deposits: In the past two months, several public sector banks have adjusted their fixed deposit interest rates. Currently, Union Bank of India offers the highest interest rate of up to 7.40 per cent per annum on FDs with a tenure of 333 days. This scheme offers an attractive interest rate of 7.25 per cent per annum on FDs with …

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs
4 months, 2 weeks ago

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs

Hindustan Times  

The Reserve Bank of India kept repo rate steady at 6.5 percent for the ninth time in a row in its Monetary Policy Committee review. This year, HDFC Bank increased home loan rates for new borrowers by 40 basis points despite repo rates being steady. For HDFC Bank, the lowest interest rate on a ₹50-lakh home loan was 8.35 per …

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained
4 months, 2 weeks ago

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained

Hindustan Times  

The Reserve Bank of India has decided to keep the repo rate unchanged at 6.5% for the ninth time in a row, RBI Governor Shaktikanta Das announced on Thursday, August 8, 2024. "The Monetary Policy Committee decided by a 4:2 majority to keep the policy repo rate unchanged at 6.5%. The RBI governor said that food prices are likely to …

Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc
4 months, 2 weeks ago

Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc

India TV News  

The Reserve Bank of India has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Reserve Bank of India announced on Thursday that the Monetary Policy Committee has decided to keep the policy repo rate unchanged at 6.5%. Consequently, the standing deposit facility rate remains at 6.25%, and the marginal standing facility …

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details
5 months, 1 week ago

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details

India TV News  

SBI loan: Taking a loan from the State Bank of India, the country's largest public sector bank, has become more costly today. It's important to note that EMIs for personal and auto loans linked to the MCLR will rise, while home loans tied to the repo rate will remain unchanged. SBI's new interest rates SBI has increased the one-month MCLR …

SBI Raises Lending Rates By 10 Basis Points, EMIs Set To Increase
6 months, 1 week ago

SBI Raises Lending Rates By 10 Basis Points, EMIs Set To Increase

ABP News  

The State Bank of India, India's largest lender, has raised its marginal cost of funds-based lending rate by 10 basis points, equivalent to 0.1 per cent, across all loan tenures. Similarly, the overnight MCLR has increased to 8.10 per cent from 8.00 per cent, while the one-month and three-month MCLR rates have increased to 8.30 per cent from 8.20 per …

Fixed deposit news: Bank of India revises FD rates. How they compare with SBI, ICICI, HDFC Bank
8 months, 2 weeks ago

Fixed deposit news: Bank of India revises FD rates. How they compare with SBI, ICICI, HDFC Bank

Live Mint  

Bank of India revises FD rates: BOI has updated its fixed deposit interest rates for deposits below ₹2 crore. Bank of India latest FD rates For deposits maturing between 7 days and 45 days, the Bank of India is offering an interest rate of 3%. Bank of India revises FD rates Deposits maturing in 1 year to less than 2 …

SBI in talks with RBI to lower cash reserve ratio requirement on green deposits
10 months, 1 week ago

SBI in talks with RBI to lower cash reserve ratio requirement on green deposits

The Hindu  

State Bank of India chairman Dinesh Khara on February 16 said the nation's largest lender is in talks with the Reserve Bank to reduce the cash reserve ratio requirement on green deposits. State Bank of India last month announced a green deposit scheme, a first in the domestic banking, to attract long-term retail deposits to be used only to fund …

HDFC Bank Vs ICICI Bank Vs SBI: Check Detailed FD Interest Rates Comparison
10 months, 1 week ago

HDFC Bank Vs ICICI Bank Vs SBI: Check Detailed FD Interest Rates Comparison

News 18  

HDFC Bank Vs SBI Vs ICICI Bank FD Rates: Fixed-income instruments, like small savings schemes, bank FD and G-Sec, have been a sought-after route for those investors who are looking for a stable return with low risk. ICICI Bank is offering FD rates up to 7.60 per cent annually and SBI is giving up to 7.50 per cent a year. …

These banks have revised fixed deposit interest rates in January 2024
11 months ago

These banks have revised fixed deposit interest rates in January 2024

Live Mint  

Several banks in India have hiked or revised interest rates on fixed deposits in January 2024, including Punjab National Bank, Bank of Baroda, Union Bank of India, Kotak Mahindra Bank, and Federal Bank. Karnataka Bank latest FD rates Karnataka Bank offers interest rates between 3.5% to 7.25% for amounts below ₹2 crore for general citizens. Federal Bank latest FD rates …

PNB raises FD rate again: These are the fixed deposit rates offered by 5 major banks
11 months, 1 week ago

PNB raises FD rate again: These are the fixed deposit rates offered by 5 major banks

Live Mint  

Several banks have raised their interest rates on fixed deposits in the past one month. Meanwhile, the deadline of State Bank of India's special tenure FD of 400 days wherein it offers 7.10 percent per annum rate has been extended by another three months until March 31, 2024. Punjab National Bank: PNB recently raised interest rate on fixed deposits of …

Second time in a month PNB hikes FD rates: Check latest interest rates
11 months, 1 week ago

Second time in a month PNB hikes FD rates: Check latest interest rates

Live Mint  

Punjab National Bank has hiked fixed deposit interest rates on amounts below ₹2 crore for the second time this month. On deposits maturing in 300 Days, PNB has hiked rates to 7.05% from 6.25%. PNB latest FD rates for general citizens After the revision, PNB offers general citizens 3.5% to 7.25%on deposits maturing in 7 days to ten years. 7 …

PNB hikes fixed deposit rates by up to 50 bps. How they compare with SBI, BoB
11 months, 2 weeks ago

PNB hikes fixed deposit rates by up to 50 bps. How they compare with SBI, BoB

Live Mint  

Punjab National Bank has revised fixed deposit interest rates on amounts below ₹2 crore. PNB cuts FD rates on this tenure Punjab National Bank has cut FD rates on 444 days by 45 bps from 7.25% to 6.8%. PNB latest FD rates for senior citizens, super senior citizens After the latest revision, PNB offers an interest rate ranging from 4% …

FD rate hikes: Latest fixed deposit rates by 6 major lenders including SBI, HDFC Bank and ICICI Bank
11 months, 2 weeks ago

FD rate hikes: Latest fixed deposit rates by 6 major lenders including SBI, HDFC Bank and ICICI Bank

Live Mint  

A number of banks have raised their fixed deposit interest rates while a few have introduced special schemes for offering higher rates of interest. Bank of India, for instance, has introduced Super Special Fixed Deposit with an interest rate of 7.5 percent per annum for deposits ranging from ₹2 to ₹50 crore and has a fixed maturity period of 175 …

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme
11 months, 3 weeks ago

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme

Live Mint  

Bank of India has introduced Super Special Fixed Deposit with an incredibly enticing interest rate of 7.50% per annum. The Super Special Fixed Deposit offers an excellent opportunity for High Net Worth Individuals and Corporates to invest their surplus funds for the short term. On the other hand, super senior citizens aged 80 years and above will be eligible for …

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme
11 months, 3 weeks ago

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme

Live Mint  

Bank of India has introduced Super Special Fixed Deposit with an incredibly enticing interest rate of 7.50% per annum. The Super Special Fixed Deposit offers an excellent opportunity for High Net Worth Individuals and Corporates to invest their surplus funds for the short term. On the other hand, super senior citizens aged 80 years and above will be eligible for …

SBI, Bank of Baroda, Kotak Mahindra among 7 banks that hiked fixed deposit rates
11 months, 3 weeks ago

SBI, Bank of Baroda, Kotak Mahindra among 7 banks that hiked fixed deposit rates

Live Mint  

Several banks in India have hiked interest rates on fixed deposits in December 2023, including Bank of Baroda, State Bank of India, Union Bank of India, DCB Bank, Kotak Mahindra Bank, Federal Bank, and Bank of India. The Reserve Bank of India maintains the key repo rate at 6.5 per cent for the fifth consecutive time in the December 8 …

SBI fixed deposit interest rates hiked. Check latest here
11 months, 3 weeks ago

SBI fixed deposit interest rates hiked. Check latest here

Hindustan Times  

Recently, the State Bank of India raised interest rates on fixed deposits of less than ₹2 crore. Representational Image Also, this rate hike by SBI, the country's largest bank and a private sector lender, is applicable on all but three FD tenures: one year to less than two years, two years to less than three years, and five years to …

Bank of Baroda, Union Bank hike fixed deposit interest rates. Details here
11 months, 3 weeks ago

Bank of Baroda, Union Bank hike fixed deposit interest rates. Details here

Live Mint  

Bank of Baroda has hiked interest rates on retail term deposits from 10 basis points to up to 125 basis points on various maturity buckets.These rates are applicable on deposits below ₹2 crore with effect from today, December 29. 7D to 14D 4.25% 15D to 45D 4.50% 46D to 90D 5.50% 91D to 180D 5.60% 181D to 210D 5.75% 211D …

SBI Vs HDFC Bank Vs ICICI Bank: Check Detailed FD Interest Rate Comparison
11 months, 3 weeks ago

SBI Vs HDFC Bank Vs ICICI Bank: Check Detailed FD Interest Rate Comparison

News 18  

SBI Vs HDFC Bank Vs ICICI Bank: Even as SBI hiked its interest rates on fixed deposits below Rs 2 crore, the FD savings have become a lucrative fixed-income instrument beating inflation by a comfortable margin. ICICI Bank is offering FD rates up to 7.60 per cent annually and SBI is giving up to 7.50 per cent a year. HDFC …

‘Monetary policy actively disinflationary’: RBI keeps repo rate unchanged at 6.5%
1 year ago

‘Monetary policy actively disinflationary’: RBI keeps repo rate unchanged at 6.5%

Hindustan Times  

The Reserve Bank of India on Friday maintained its benchmark repo rate at 6.5%, keeping its focus on anchoring inflation and boosting growth. Monetary policy will remain actively “disinflationary”, RBI Governor Shaktikanta Das said after a two-day meeting of the bank’s six-member monetary policy committee. He said that the central bank’s successive policy rate hikes, a reference to increases in …

SBI Vs HDFC Bank PNB: Check Detailed FD Interest Rate Comparison
1 year ago

SBI Vs HDFC Bank PNB: Check Detailed FD Interest Rate Comparison

News 18  

Even as the RBI is going to conduct its upcoming bimonthly monetary policy meeting next week, the central bank’s MPC is expected to keep the repo rate unchanged amid encouraging inflation numbers. PNB is offering FD rates up to 7.75 per cent annually and SBI is giving up to 7.50 per cent a year. Latest interest rates on fixed deposits …

Jammu and Kashmir Bank hikes fixed deposit rates. Check latest FD rates here
1 year, 1 month ago

Jammu and Kashmir Bank hikes fixed deposit rates. Check latest FD rates here

Live Mint  

Jammu and Kashmir Bank offers a variety of financial services which include term deposits, also known as Fixed Deposits. After the latest hike, J&K Bank is offering an interest rate of 3.5% on deposits maturing in seven days to 45 days, 4.6% on 46 days to 90 days, and 4.75% on FDs maturing in 91 days to 180 days. On …

SBI Vs PNB Vs ICICI Bank: Check Detailed Comparison of Latest FD Interest Rates
1 year, 1 month ago

SBI Vs PNB Vs ICICI Bank: Check Detailed Comparison of Latest FD Interest Rates

News 18  

SBI Vs PNB Vs ICICI Bank FD Interest Rates: The interest rates in the country are at elevated levels with both loans and deposits currently being costlier. ICICI Bank is offering up to 7.60 per cent annual interest rates on FD, depending upon deposit tenure and depositor’s age. SBI is offering FD rates up to 7.50 per cent annually and …

Not SBI, this public sector bank offers higher FD interest rates; check details
1 year, 1 month ago

Not SBI, this public sector bank offers higher FD interest rates; check details

News 18  

The State Bank of India, the largest public sector bank in the country, is often the first choice for Indians to open Fixed Deposits. To make things easier for investors, we have curated a list of public sector banks that offer best FD interest rates for a 3-year term. Bank of Baroda Bank of Baroda is currently offering the highest …

RBI Policy meet: Key things to watch out for
1 year, 2 months ago

RBI Policy meet: Key things to watch out for

Live Mint  

Reserve Bank of India Governor Shaktikanta Das will unveil the fourth monetary policy of the financial year 2023-24 on Friday, October 6, after a two-day review, as it observes the impact of global headwinds on India's macroeconomic indicators such as inflation trajectory and the growth in gross domestic product. Economists expect RBI to hold rates steady According to majority of …

High bank fixed deposit (FD) interest rates may not last for long. Here is why
1 year, 6 months ago

High bank fixed deposit (FD) interest rates may not last for long. Here is why

Live Mint  

The era of rising fixed deposit rates may be drawing to a close, and the withdrawal of ₹2000 currency notes from circulation is believed to be a significant factor. Various macroeconomic indicators suggest that FD interest rates are approaching their peak in the current cycle of interest rate hikes. “If the financial sector receives an excess of liquidity during the …

Bank Of Baroda Revises FD Interest Rates; How It Compares To SBI, HDFC Bank, ICIC Bank
1 year, 7 months ago

Bank Of Baroda Revises FD Interest Rates; How It Compares To SBI, HDFC Bank, ICIC Bank

News 18  

Bank of Baroda has revised its interest rates on fixed deposits. Bank of Baroda has hiked rates by 30 basis points on select tenors and customers can now enjoy up to 7.25 percent interest on term deposits below Rs 2 crore. Bank of Baroda’s revised interest rates: The lender is offering 3 percent interest on tenors of 7 to 45 …

Indian Overseas Bank (IOB) revises FD rates, promising up to 7.25% return on 444 days tenure effective from 10th April
1 year, 8 months ago

Indian Overseas Bank (IOB) revises FD rates, promising up to 7.25% return on 444 days tenure effective from 10th April

Live Mint  

Indian Overseas Bank, a public sector lender, has modified the interest rates on fixed deposits under ₹2 crore. After the adjustment, Indian Overseas Bank reduced interest rates on a variety of tenors by up to 50 bps and increased interest rates on a few tenors by up to 40 bps. IOB FD Rates IOB reduced interest rates by 50 basis …

Time to rejig your fixed deposit (FD) investment. What experts say
1 year, 8 months ago

Time to rejig your fixed deposit (FD) investment. What experts say

Live Mint  

The Reserve Bank of India has decided to halt interest rate hikes, signaling that the interest rate cycle may have reached its peak. Amit Gupta, MD, SAG Infotech said that for fixed-income investors, who were struggling with historically low interest rates only a year ago, are now looking forward to the advantages of previous significant increases in the repo rate, …

SBI extends special term deposit scheme Wecare Senior Citizens FD till June 30
1 year, 8 months ago

SBI extends special term deposit scheme Wecare Senior Citizens FD till June 30

Live Mint  

India's largest public sector lender State Bank of India has extended the validity period of its special term deposit scheme "SBI Wecare FD" scheme for senior citizens. “SBI takes pride in its association with Senior Citizens and introduces new Deposit Scheme “SBI WECARE’ protecting their income by offering additional interest on Term Deposits,” said the lender on its website. SBI …

Bank FD: ICICI Bank vs PNB vs HDFC Bank; Check Comparison of Latest Interest Rates
1 year, 8 months ago

Bank FD: ICICI Bank vs PNB vs HDFC Bank; Check Comparison of Latest Interest Rates

News 18  

Several banks, including SBI, ICICI Bank, HDFC Bank and SBI, have raised their interest rates on both deposits and loans multiple times in the recent past due to the back-to-back repo rate hikes by RBI. Here’s the comparison of fixed deposit interest rates: The RBI MPC in February raised the key repo rate by 25 basis points to 6.50 per …

Good news for bank fixed depositors! RBI hints at further FD interest rate hike
1 year, 9 months ago

Good news for bank fixed depositors! RBI hints at further FD interest rate hike

Live Mint  

The Reserve Bank of India, in its monthly bulletin released on Tuesday, said the intensifying competition among banks to expand their deposit base may force banks to increase fixed deposit rates. After 250 basis points repo rate hike by the central bank in May 2022, banks have been in a race to increase deposit rates. The central bank bulletin said …

From SBI To HDFC, 5 Special Fixed Deposit Schemes Ending On March 31
1 year, 9 months ago

From SBI To HDFC, 5 Special Fixed Deposit Schemes Ending On March 31

News 18  

With the Reserve Bank of India frequently changing repo rates, several Indian banks have hiked interest rates on FDs for their customers. Senior customers will receive 7.60 per cent interest on their FDs under the SBI Amrit Kalash Deposit FD Scheme. Punjab And Sind Bank, Special FD Schemes PSB Fabulous 300 Days, PSB Fabulous Plus 601 Days, PSB e-Advantage Fixed …

Indian Bank debuts special fixed deposit to mark International Women’s Day
1 year, 9 months ago

Indian Bank debuts special fixed deposit to mark International Women’s Day

Live Mint  

The public sector lender Indian Bank debuts a special fixed deposit of 400 days for women to mark International Women's Day. The bank has introduced "IND Super 400 Days," a special retail term deposit product specifically for women only, and is allowing deposits starting from Rs.10000 to less than 2 Crore for 400 days in the form of FD/MMD with …

Indian Bank hikes FD rates by 20 bps effective from today: Check details
1 year, 9 months ago

Indian Bank hikes FD rates by 20 bps effective from today: Check details

Live Mint  

Indian Bank, a public sector bank in India founded in 1907 and based in Chennai, has raised interest rates on fixed deposits of less than ₹2 crore. Indian Bank FD Rates On fixed deposits maturing in 7 days to 29 days, the bank will continue to offer an interest rate of 2.80% and on those maturing in 30 days to …

HDFC offers 8% interest rate on these fixed deposits (FDs) to senior citizens
1 year, 9 months ago

HDFC offers 8% interest rate on these fixed deposits (FDs) to senior citizens

Live Mint  

Mortgage lender HDFC has introduced ‘Diamond deposits’ for senior citizens with interest rate of 8% p.a. Most of the popular banks including the State Bank of India, ICICI Bank and HDFC Bank offer special fixed deposit schemes, especially for senior citizen depositors. HDFC has also increased its retail prime lending rate by 25 basis points to a minimum of 9.20 …

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