banking news

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

by
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

Latest fixed deposit (FD) rates: SBI, Bank of Baroda, Kotak Mahindra Bank, Federal Bank, DCB Bank hike FD rates; check details

by
Latest fixed deposit (FD) rates: SBI, Bank of Baroda, Kotak Mahindra Bank, Federal Bank, DCB Bank hike FD rates; check details

Bank fixed deposit (FD) rates: Fixed deposits (FD) have gained popularity, with some banks offering up to 9 per cent interest in different tenures. Some banks, public and private, have raised interest rates on fixed deposits in December. Since May 2022, FD investors have seen an upward interest rate trajectory with some public sector banks … Read more