FD interest rates: Earn up to 7.65% annually on fixed deposits; check details here

FD interest rates: Earn up to 7.65% annually on fixed deposits; check details here

Prior to investing in a fixed deposit (FD), depositors tend to compare the interest rates offered by different banks so that they can choose one bank over the other. Typically, the rate of interest and the tenure of FD go hand in hand. This means the longer the FD tenure, the higher the interest rate.  … Read more

FD interest: Here are the top 6 banks that offer highest rates on 5-year fixed deposits

FD interest: Here are the top 6 banks that offer highest rates on 5-year fixed deposits

Before you decide to open a fixed deposit (FD) account in a bank, it is incumbent upon you to compare the interest rates offered by different banks. The interest rates usually do not vary much from lender to lender. However, there is a rule of thumb that applies to most lenders uniformly —the longer the … Read more

FD interest rates: These banks offer the highest rates on 1-year fixed deposits

FD interest rates: These banks offer the highest rates on 1-year fixed deposits

Prior to investing in a fixed deposit in a bank, depositors are recommended to compare the interest rates of different banks. This can help them maximise their earnings. Typically, depositors opt for a bank with which they share a long-term banking relationship. However, it should not be seen as a rule of thumb. Sometimes, a … Read more

RBI imposes penalty on five banks including PNB for regulatory non-compliance: Report

RBI imposes penalty on five banks including PNB for regulatory non-compliance: Report

The Reserve Bank of India (RBI) penalised five banks including Punjab National Bank (PNB) with various RBI directions, reported The Economic Times. RBI imposed a penalty of ₹1.31 crore on PNB, which became the fifth bank for getting the wrath of the banking regulator. Other banks fined by the RBI are The Gujarat Rajya Karmachari … Read more

Nifty Bank falls by 5,000 points; SBI, HDFC Bank, ICICI Bank among top laggards

Nifty Bank falls by 5,000 points; SBI, HDFC Bank, ICICI Bank among top laggards

Nifty Bank experienced an intraday decline of nearly 5,000 points or 10 per cent on Tuesday as investors made mincemeat of the markets following poll trends that indicated the INDIA alliance was fighting hard around half past noon against the exit polls that had handed the Bharatiya Janata Party (BJP) led NDA alliance a resounding … Read more

Fixed Deposits: Can you ever double your money by investing into FDs? Details here

Fixed Deposits: Can you ever double your money by investing into FDs? Details here

If you want to double your money in the next 7 to 10 few years, your first choice, arguably, would be to invest into equity. Conservative investors, meanwhile, tend to opt for fixed income instruments such as fixed deposits (FDs) partly for wealth creation and partly for keeping their money safe & secure. Those who … Read more

Home Loans: Top 5 banks including HDFC, SBI with lowest rates of interest – check full list

Home Loans: Top 5 banks including HDFC, SBI with lowest rates of interest – check full list

If you are planning to buy a house and looking for a home loan for the same, you would ideally be looking not only for a bank that can give you money as early as possible but also the one that charges a low rate of interest. After all, the marginal difference in the interest … Read more