Page 16 - Fd Rates News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ICICI Bank, Kotak Mahindra Bank, HDFC Bank, and Punjab National Bank are among the banks that have lately raised their interest rates on both savings and loans. 

Senior citizens continue to get 50 basis points (bps) higher interest rates than the general public

Synopsis Some smart moves can surely help you make the best of the current scenario. Here is a look at what FD investors should know and do to enhance their return on deposits. Getty Images Fixed deposit investors who were expecting the Reserve Bank of India (RBI) to increase key policy rates, will have to wait longer. That is because for a seventh time in a row (or for almost a year), the RBI, in its bi-monthly monetary policy meeting, has kept the repo and reverse repo rates unchanged. The repo rate and reverse rate remain at 4% and 3.35%, respectively, after the announcement on June 4, 202...

Mortgage lender HDFC Ltd has increased interest rates on its various fixed deposit products having different maturities by up to 25 basis points (bps) with effect from March 30. The increase in rates by the housing finance company comes at a time when all the lenders have been reducing interest rates on their fixed deposits. For special fixed deposits up to Rs 2 crore and maturing in 33 months, HDFC is offering an annual interest rate of 6.20 per cent, according to the information available on its website. Deposits maturing in 66 months will fetch an annual rate of interest of 6.60 per ce...

The interest rates on fixed depositsare subject to change from time to time Fixed deposits (FD) are safe investment measures offered by banks that guarantee regular, consistent interest rates. The country's largest lender State Bank of India (SBI), and leading private lenders such as HDFC Bank, ICICI Bank, others including Kotak Mahindra Bank, Axis Bank have specific FD schemes with different interest rates. These banks provide annual returns to the tune of 2.50 - 5.50 per cent to the general public, and 2.50 - 6.30 per cent to the senior citizens, on fixed deposits below Rs 2 crore. Promo...