506-day FD: Offers 6.7% interest for general citizens. These new options, effective from January 1, 2025, give customers more ...

Compared to large banks and PSU lenders, small finance banks face greater challenges in attracting new customers to their ...

In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with ...

Mumbai: Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks ...

To qualify for those higher interest rates, you’ll need to ... by using an automatic savings feature that will make recurring deposits from most Chase checking accounts. In addition to the ...

Currently, the interest earned on FDs is taxable, and if the amount exceeds Rs 40,000 (Rs 50,000 for senior citizens), it ...

Interest rate cuts are likely on the horizon ... such as a certain number of monthly debit card transactions or recurring deposits. Certificates of deposit, or CDs, are a good way to keep money ...

Poor mobilization of deposits is pressurising profitability and resilience of the banking system and pushing up the cost of ...

Let us take you through the different types and advantages of recurring deposit s and their benefits, helping you understand ...

SBI Patron's depositors would earn an additional 10 basis points higher interest rate than what is offered to senior citizens. In contrast, the recurring deposit scheme would offer rates similar ...