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

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

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