Small finance banks' FDs yield more than larger banks' offerings, but invest in them sparingly. Investors need to lock into current peak rates before they begin to decline
A number of special fixed deposit schemes offering up to eight per cent return from leading banks are also set to expire next month.
According to YES Bank's website, the highest interest rate of 7.50 per cent has been increased to 7.75 per cent for FDs maturing in 18 months to less than 24 months
The limited-period FD scheme is available for resident Indians and NRIs. The Diwali Special FD rates of 8.25 per cent p.a. will be available for a specific tenure from November 3 to November 17, 2023
Green deposits are essentially deposits raised for the purpose of utilising the proceeds towards financing of green projects/activities
It has extended these special fixed deposit deadlines to October 31 from the earlier September 30 deadline.
Some lenders have lowered their rates over the past couple of months by reducing their spreads
Consider alternatives like SCSS, NSC if you don't have interim liquidity needs
Here are some key points to consider when making your decision
The withdrawal of the Rs 2,000 note will likely result in a spurt in liquidity. How are the subsequent changes likely to impact you? Read more to find out
By laddering across various tenures, you can ensure a regular flow of funds and maintain liquidity
Debt MFs investing in quality papers and having average maturity of three-five years are good bets
In the bulletin, the RBI said that the Indian economy is unlikely to face any major repercussions from the ongoing global financial turmoil
Kotak Securities sees Nifty50 at 18,385; rising FD rates could attract investment
Lock into one-two year FDs and continue laddering, say experts
In a Q&A, Tarun Chugh dwells on how his firm became the fastest growing in its space, recent Irdai initiatives, and the company's future plans
While you may begin allocating to them, keep some powder dry as rates could rise further
For 1 year to less than 2 years, SBI is offering 6.10% as compared to 5.60% earlier
Good times ahead for FD investors? Will China-Taiwan tension worsen India's chip shortage? Will higher FD rates lure equity investors? What is Electricity (Amendment) Bill 2022? All answers here
Over the past few years, the return from the stock market has been far higher amid abundant liquidity that poured in from foreign and domestic investors