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February 7, 2024
Fixed deposit interest rate: The Reserve Bank of India (RBI) will announce the decisions of the central banks Monetary Policy Committee (MPC) on February 8, 2024. The central bank is likely to hold the repo rate again in the upcoming monetary policy review, experts say. But this stance may not continue for too long. How does the decision of the RBI MPC impact the investors, especially fixed deposit (FD) customers?
October 5, 2023
FD interest rate: All eyes are on RBI monetary policy committee (MPC) meeting scheduled on October 6, 2023. Most experts say that the Reserve Bank of India (RBI) is likely to keep the repo rate unchanged at 6.5%. How is it going to impact your investments such as fixed deposits (FDs)? If the repo rate remains unchanged, will the FD interest rates remain stagnant? Will there be no deposit rate hike in the coming days? Or will FD interest rates drop sharply in the near term? Lets find out what exp...
September 2, 2023
Company FDs are unsecured investments that offer a fixed return. Corporate FDs pay higher interest than bank FDs, usually 0.75 per cent to 1.5 per cent higher. Senior citizens can even earn additional interest rates of 0.25 per cent to 0.5 per cent, depending on the company. At present, many AAA-rated company FDs offer interest rates of more than 8 per cent. So, what factors you should keep in mind while investing in corporate FDs. ET Wealth explains
August 25, 2023
Fixed Deposit Interest Rate: DCB Bank slashed interest rates on its fixed deposits by up to 50 basis points this month. Among other banks, Axis Bank, Bank of India, Punjab National Bank (PNB) and IndusInd Bank have also cut interest on fixed deposits recently. RBI paused the benchmark repo rate for the third consecutive time in the August Monetary Policy Committee (MPC) meeting. With the dream run of interest rate hikes on FDs almost coming to an end, how should you invest in FDs now?
August 23, 2023
You will get an interest rate of 8.5 per cent on FDs maturing in 444 days with Equitas Small Finance Bank. On FDs maturing in 444 days, senior citizens will get an interest rate of 9 per cent. Know how much interest rate Equitas Small Finance Bank offers general public FDs and senior citizens FDs