FD Rates Hike: Banks offering fixed deposit (FD) interest rates of 8% to 9.1% in May 2024; Check rates, tenure

FD Rates Hike: Banks offering fixed deposit (FD) interest rates of 8% to 9.1% in May 2024; Check rates, tenure

Investing in a sound and non-volatile financial tool is one of the best ways of safe and riskless investments. There are many financial tools available in the market which doesn’t get affected by the market’s ups and downs. One such tool is fixed deposits.  Fixed-term deposits, also known as term deposits, offer investors the opportunity … Read more

SBI fixed deposit (FD) interest rates hiked by up to 75 bps; Check new FD rates across tenors before investing

SBI fixed deposit (FD) interest rates hiked by up to 75 bps; Check new FD rates across tenors before investing

The State Bank of India has increased its fixed deposit (FD) interest rates for some of its schemes on retail deposits (up to Rs 2 crore) and bulk deposits (above Rs 2 crore). The FD rates were tweaked in the ranges from 0.25 per cent to 0.75 per cent. The new interest rates came into … Read more