Bank interest rates

FD rates: These banks have raised their fixed deposit rates in December 2024; check before investment

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FD rates: These banks have raised their fixed deposit rates in December 2024; check before investment

Fixed Depsit rates: In December 2024, several banks, including Federal Bank, Karnataka Bank, Equitas Small Finance Bank, RBL Bank, and Bank of Maharashtra, changed their fixed deposit interest rates. These changes have implications for the general public’s and senior citizens’ savings. One of the most widely chosen investment options is a fixed deposit, where an individual deposits … Read more

Revised fixed deposit rates: Canara Bank, Karnataka Bank, YES Bank revise FD rates ahead of RBI MPC meet

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Revised fixed deposit rates: Canara Bank, Karnataka Bank, YES Bank revise FD rates ahead of RBI MPC meet

FD rates: Ahead of the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee’s (MPC) meeting this week, some of the public and private banks have revised their fixed deposit rates. The Repo Rate established by the Reserve Bank of India (RBI) plays a significant role in influencing Fixed Deposit (FD) rates. It dictates the … Read more