Page 2 - Fixed Deposits

RBI may go for 'jumbo rate cut' of 50 bps on Friday: SBI research

The Reserve Bank of India (RBI) may go for a "jumbo rate cut" of 50 basis points on Friday to reinvigorate the credit cycle and counterbalance uncertainties, said SBI research report. RBI's rate-setting panel Monetary Policy Committee (MPC) will start deliberations on the next bi-monthly monetary policy on June 4 and announce the decision on June 6 (Friday). The central bank reduced the key interest rate (repo) by 25 bps each in February and April, bringing it to 6 per cent. The six-member MPC, headed by RBI Governor Sanjay Malhotra, also decided to change the stance from neutral to accommodative in its April policy. "We expect a 50-basis point rate cut in June 25 policy as jumbo rate cut could act as a counterbalance to uncertainty," said the research report from the State Bank of India's Economic Research Department 'Prelude to MPC Meeting - June 4-6, 2025'. It further said a large rate cut could reinvigorate a credit cycle. "Cumulative rate cut over the cycle could be 100 basi

Datanomics: SC judges favour safe financial bets, ministers chase risks

SC judges disclose majority of financial assets in bank deposits and provident funds, contrasting sharply with ministers' high exposure to stocks and mutual funds

Corporate FDs can get you higher returns if you are prepared for the risk

Such FDs are similar to those offered by commercial banks but carry a higher interest rate, as well as risk of default

Shriram Finance cuts FD rates after RBI move; experts urge early lock-in

Highest yield now at 9.93%. Experts suggest locking in current rates as banks and NBFCs move towards lowering deposit returns

Use smart cash management to optimise returns on short-term funds

However, one should avoid keeping excessive funds in savings accounts

Equitas SFB cuts FD rates, 8.05% return is top offer for general citizens

Senior citizens will continue to get additional benefit of 0.50% higher interest

FD rate cuts: Hunt for returns but keep liquidity needs, safety in mind

Liquidity infusion by the Reserve Bank of India (RBI) has eased funding pressure on banks

State Bank of India withdraws special fixed deposit scheme Amrit Kalash

Other banks, including HDFC Bank and Yes Bank, have also trimmed interest rates on fixed deposits for select tenures

Only 10 banks currently offer FD at 8% and more: Should you lock in now?

As of April 2025, several small finance banks in India are offering FD rates as high as 9%, making them the go-to choice for savvy investors looking to maximize their savings!

HDFC Bank reduces deposit rates by 35 bps and 40 bps on select FDs

Now, the bank is offering a 7 per cent interest rate on deposits of up to Rs 3 crore for 35-month and 55-month tenures

Punjab & Sind Bank, Indian Bank extend FD rates of up to 8.5% till June 30

Punjab & Sind Bank has discontinued tenures of 333 and 555 days, offering interest rates of 77.2 per cent and 7.45 per cent

Invest in SBI Amrit Vrishti before March 31 to earn up to 7.75 per cent

This scheme has a tenure of 444 days and offers an attractive interest rate of 7.25 per cent per annum for general customers and 7.75 per cent per annum for senior citizens

AU Small Finance Bank cuts FD rates, offers 8.5% to senior citizens

The interest rate for senior citizens has been reduced from 8.6% to 8.5%, while the rate for general citizens has been lowered from 8.1% to 8%

6 Small Finance Banks offer FD rates of of 8.5% and above for seniors

Equitas stands out with 8.60% for 1-year Fixed Deposits and 8.50% for 3-year deposits.

100% FDI in Insurance: Foreign insurers may face distribution challenges

The opening up of the insurance industry to 100 per cent FDI comes at a time when the insurance regulator has been advocating "Insurance for All" by 2047

BAF: A refuge from volatility for new and risk-averse investors

BAFs provide an asset allocation tool for investors that are relatively hassle-free and help investors deal with market gyrations better through relatively emotionless investing

Corporate FDs offer higher returns than banks: Know the risks first

One of the key advantages is the higher interest rates that corporate FDs give compared to traditional bank FDs

Worried about equities? Fixed deposits offer safety for jittery investors

If you too have been spooked by the recent behaviour of the stock market, may be it's time to consider that old favourite of savings-minded persons - the fixed deposit

Get 8.6 % interest rate on 18-month FD from AU small finance bank

The bank now provides a maximum interest rate of 8.10% on fixed deposits for general citizens and 8.60% for senior citizens

11 banks in India currently offer 8% and above interest on FDs: Full list

Among the highest fixed deposit rates available in India right now, small finance banks dominate the scene.