Page 5 - Fd Rates
Kesoram Industries to raise high-cost funds via FDs; to offer 12.25% rate
To offer 12.25% rate; plans to use proceeds for working capital, pare debt
 "Kesoram Industries to raise high-cost funds via FDs; to offer 12.25% rate")
Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later
Home loan borrowers must pre-pay, or opt for higher EMI, to prevent loan tenure from rising
 "Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later")
Bank FDs in spotlight as returns of liquid funds hit two-decade low
1-year returns down to less than 3.5%, below short-term rates offered by banks on FDs
 "Bank FDs in spotlight as returns of liquid funds hit two-decade low")
HDFC increases rates on FD with different maturities up to 25 bps
Mortgage lender HDFC Ltd has increased interest rates on its various fixed deposit products having different maturities by up to 25 basis points (bps) with effect from March 30.
 "HDFC increases rates on FD with different maturities up to 25 bps")
Top 10 biz headlines: Boeing cuts 12,000 jobs, SBI slashes FD rate and more
Here are the top 10 headlines on Thursday morning
 "Top 10 biz headlines: Boeing cuts 12,000 jobs, SBI slashes FD rate and more")
SBI revises interest rates on loans, FDs, savings deposits: check new rates
SBI has lowered rates on fixed deposits by 10 basis points for '1 year to less than 2 years' maturity with effect from October 10, 2019
 "SBI revises interest rates on loans, FDs, savings deposits: check new rates")
Investors should cap their FD exposure in small finance banks to 25%
Many banks offer between 0.5% and 0.75% higher interest to senior citizens
 "Investors should cap their FD exposure in small finance banks to 25%")
Only risk-averse investors should opt for tax-saver fixed deposits
PPF, ELSS and SCSS are more attractive options that will also get you Section 80C benefit
 "Only risk-averse investors should opt for tax-saver fixed deposits")
