FD rates

Bank of Baroda raises lending rate by 5 bps starting today. Details here

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Bank of Baroda raises lending rate by 5 bps starting today. Details here

Regardless of Reserve Bank of India (RBI) keeping its repo rate constant at 6.5 per cent, Bank of Baroda raised its MCLR across four tenors by 5 basis points with effect from today i.e., April 12, 2024.  Bank of Baroda’s base rate is now 9.40 percent with effect from Friday. Additionally, BPLR for all the existing accounts … Read more

Rising fixed deposit interest rates: Is now the time to secure your savings?

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Rising fixed deposit interest rates: Is now the time to secure your savings?

However, in March 2024, some banks increased their fixed deposit rates. In the case of most banks, the current fixed deposit interest rates being offered are at a decadal high. So, are these the best interest rates on fixed deposits? And should you lock into these high fixed deposit rates? Let us discuss. Also Read: … Read more