Page 7 - Fixed Deposit Rates

As deposit rates rise, where should you park your money?

Central banks around the world are raising rates to suck liquidity and bring down the soaring inflation. Banks too are passing on the rates. Find out where should you park your hard-earned money

Why this is not the time to take on very long-term fixed deposit investment

For periods longer than 3 years, it is a good idea to explore debt mutual funds that offer indexation benefits and lower the tax outgo

AU Small Finance Bank hikes fixed deposits rates by 60 bps to 7.5%

AU Small Finance Bank on Wednesday said it has hiked fixed deposit rates by 60 basis points to 7.5 per cent for regular customers. Senior citizens will get an interest of 8 per cent on their fixed deposits. The increased rates have come to effect from October 10, 2022. The bank has hiked the fixed deposit rates by up to 60 basis points for retail deposits from flagship 6.9 per cent to 7.5 per cent for regular customers and 7.4 per cent to 8 per cent for senior citizens, it said in a release. The Jaipur-based small finance bank said with the hike in fixed deposit rates, it is offering one of the most competitive fixed deposit interest rates in the industry and customers can get maximum return on their investments. In the rising inflation scenario, the hike in fixed deposit rates gives the customers an opportunity, particularly senior citizens, to get inflation-beating returns from their fixed deposits, the lender added. Also, savings deposit holders of Rs 1 crore and less than Rs

A snapshot of fixed deposit interest rates offered by various banks and FIs

Here is how the FD rates offered by various banks stack up

Bajaj Finance raises fixed deposit interest rate by up to 30 bps

Revised rates will be applicable from October 07, 2022.

Will higher FD rates lure equity investors?

In its attempt to bring down inflation, the RBI is making banks jack up their deposit rates to fund loan demand. Will rate hikes lure equity investors to safer bank assets? Find out in this report

Ujjivan Small Fin Bank raises interest rate on fixed deposits by up to 1.5%

Ujjivan Small Finance Bank has raised interest rate on fixed deposits by up to 1.5 per cent

A snapshot of fixed deposit interest rates offered by various banks and FIs

Here is how the FD rates offered by various banks stack up

Ladder your fixed deposits to avoid the risk of reinvestment: Experts

Debt fund investors should keep the bulk of their investments in shorter-duration funds, 10-20% in longer-duration ones

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

A snapshot of fixed deposit interest rates offered by various banks and FIs

Here's how the fixed deposit interest rates offered by various banks and financial institutions stack up

Returns on small savings remain attractive despite no rate reviews

Investors who want to avoid their long lock-in can choose from a host of other high credit quality options

Yes Bank launches FD linked to repo rate, with mark-up of 1.1-1.6%

Lender also raises interest rates on standard FDs, capping them at 6.5% for regular customers, 7.25% for seniors

RBI monetary policy: Ladder your FDs and benefit from higher rates later

Home loan borrowers must pre-pay to prevent their loan tenures from rising

Bajaj Finance raises interest rates on fixed deposits by up to 10 bps

The revised interest rates by Bajaj Finance will be applicable to fresh deposits as well as renewals of maturing deposits

A snapshot of company fixed deposit rates offered by various firms

Here's how the company FD rates offered by various firms stack up

A snapshot of fixed deposit interest rates offered by various banks and FIs

Here's how the fixed deposit interest rates offered by various banks and financial institutions stack up

Canara Bank hikes fixed deposit rates by up to 25 basis points

The revised rates are effective from March 1, 2022, Canara Bank said in a statement

Rate cycle turns as commercial banks hike fixed deposit rates

Commercial banks in India have revised their deposit rates upward by 5-15 bps in an indication that the interest rate cycle has turned amid uptick in loan demand

Huge rush for Small Savings Schemes in FY22 amid falling bank FD rates

Take into account tax benefit and payout frequency as well when selecting a scheme