The State Bank of India launched transaction banking hubs across the country to provide comprehensive solutions for transactions, payments, and collections. Read on to know how transaction banking simplifies banking...
SBI already offers additional 0.5 per cent interest to senior citizens above the age of 60 and under the SBI Wecare deposit scheme the total interest payable to senior citizens goes up to 0.8 per cent
The Bank of Baroda’s (BoB) limited-time fixed deposit (FD) scheme offers a higher interest rate and a paperless opening process through the BoB World Android and iOS app
HDFC Bank and Yes Bank have joined other banks in raising fixed deposit rates. Here’s a look at which bank is offering the best rates after the latest hike
FD Interest Rate: Deposits for above 400 days to 3 years will earn an interest of 5.50 per cent, up from 5.45 per cent. For above 3 years to 10 years, the new rate is 5.65 per cent, up by 0.15 per cent
As banks hiked deposit rates following a hike in interest rate and repo rate by the RBI, and inflation continues to soar, you must be wondering whether your returns are beating inflation yet. Read here for details.
Here is a list of stocks with the highest dividend-to-price ratio.
Being the most-preferred investment instrument among the people in India, FDs are known to give steady interest with no market-related risks attached to them
The development comes a week after the Reserve Bank Of India hiked the key repo rate by 50 bps at 4.9 per cent in an effort to tame inflation
The increase in FD (Fixed Deposit) rates comes after the Reserve Bank of India announced a 40 basis points hike in the repo rate, Kotak said in a release.
