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 ...

The Reserve Bank of India (RBI) infused Rs 1.5 lakh crore into the banking system, increasing the likelihood of a rate cut on ...

Banking sector is eagerly awaiting measures in the 2025 Union Budget to stimulate credit expansion and improve liquidity, ...

In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with higher interest rates and added flexibility to attract customers. These ...

Among private sector banks, DCB Bank offers the highest interest rate of 8.05% for fixed deposits with a tenure of 19 to 20 ...

Banks will remain closed on specified holidays and the second and fourth Saturdays. Customers can still use digital banking ...

With rates on fixed deposits going up over the past one year, HDFC Bank has seen a moderation in the CASA ratio.

HDFC Bank's expenses compared to income remained stable at 40–41 percent, with costs increasing by 7.5 percent, aligning with the 5–6 percent inflation rate. The bank added 1,052 new branches over the ...

Learn about sweep facility, its benefits, drawbacks, and whether it suits your needs before applying for this service.

ESAF Small Finance Bank is offering a 6.75% interest rate to general citizens on its FDs maturing in three years. Disclaimer: ...

Find out which banks in India offer the highest interest rates on fixed deposits. We'll also cover the interest rates offered ...

Some of India's top banks have launched special fixed deposit schemes and revised their FD interest rates, especially for ...