Private banks are likely to target new-to-bank customers for credit on UPI against fixed deposits as collateral. Although the National Payments Corporation...
Before you open a fixed deposit (FD) in a bank, it is natural to compare the term deposit interest rate with those of others....
Interest rates significantly influence the returns for FD investors, making it essential to carefully assess this aspect. Additionally, selecting the appropriate tenor...
Opt for cumulative FDs where the interest earned is reinvested. This allows you to benefit from the power of compounding, leading to...
At the end of the tenure, the accrued interest is calculated on the principal amount, and the total amount is paid back...
Several banks have revised their fixed deposit rates in the past few months, with small finance banks offering up to 9.5% FD...
State Bank of India (SBI) – the country’s largest lender – offers a range of maturity options for retail domestic term deposits...
Fixed deposits provide a secure way to protect a fixed sum of money and ensure a steady stream of income. Fixed deposits...
When the Reserve Bank of India (RBI) is expected to slash repo rate later this year, this is seen as a good time to...
If you’re considering investing in fixed deposits (FDs) for a long term and are torn between putting your money in a bank...