Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...
Summary: A 5-year tax-saving fixed deposit (FD) allows individuals to invest a lump sum for five years and claim tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act. These ...
Fixed deposits offer higher interest rates compared to savings accounts. This helps investors maximise their savings at low ...
Shivalik Small Finance Bank (SFB) offers the highest interest rate of 8.80% on fixed deposits for general citizens and 9.30% ...
Rates for many of the highest-earning certificates of deposit are starting 2025 off a little lower than they were a few weeks ago. But while gone are the days of the widely available 6% fixed return, ...
506-day FD: Offers 6.7% interest for general citizens. These new options, effective from January 1, 2025, give customers more ...
Interest is tallied on a daily basis. Guidance on the Halifax's website states: "As your balance is lower at the start of the ...
Castle Trust Bank joins the provider with the table-topping 4.55% Annual Equivalent Rate (AER). Savers can launch this ...
This private sector bank offers an interest of 7.90 percent per annum on 375-day deposit and 8 percent on 444-day deposit.
ICICI Bank reports 15% rise in net profit, stable core income, healthy funding profile, and strong loan growth.
The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...
In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with ...