FD Rates Hike: Banks offering fixed deposit (FD) interest rates of 8% to 9.1% in May 2024; Check rates, tenure businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
The bank’s net interest margin increased 20 basis points, Kanwal said, despite the cost of funds rising as well, offset in part by the housing loans portfolio.
Financial Literacy News: Small finance banks provide great interest rates on fixed deposits (FDs), with some going as high as 9%. If you're looking for top rates, you might want to invest soon, as rates could go down later. Before you invest, check out the best FD rates from small finance banks. Remember, these rates apply to deposits up to Rs 2 crore.
Share Market Highlights 24 April 2024: Sensex gains 114 pts, Nifty settles above 22,400 thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
India Business News: Several banks have updated their fixed deposit (FD) interest rates in April 2024, offering varying rates depending on the deposit plan. These revisions are part of the banks' regular updates to their deposit interest rates. It's important to understand that while existing deposits will maintain their agreed-upon interest rates, new deposits and renewals will be subject to the revised rates.
Business News: Niti Aayog suggests setting up of full-stack 'digital banks' rashtranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rashtranews.com Daily Mail and Mail on Sunday newspapers.
Apart from interest rate decision, Shaktikanta Das also took several measures regarding sovereign green bonds, Retail Direct Scheme, and liquidity coverage ratio framework, etc