Page 4 - Fixed Deposits
RBI hikes threshold for bulk fixed deposit to Rs 3 crore from Rs 2 crore
The Reserve Bank on India on Friday hiked the threshold for bulk fixed deposits to Rs 3 crore from existing Rs 2 crore. Bulk fixed deposits earn slightly higher interest rate than retail term deposits as banks offer different rates as part of their liquidity management exercise. Now single rupee term deposits of up to Rs 2 crore with Scheduled Commercial Banks (excluding Regional Rural Banks) and Small Finance Banks will be part of retail fixed deposits. On a review of the bulk deposit limit, it is proposed to revise the definition of bulk deposits as 'Single Rupee term deposit of Rs 3 crore and above' for SCBs (excluding RRBs) and SFBs, RBI Governor Shaktikanta Das said while announcing the bi-monthly policy on Friday. Further, it is also proposed to define the bulk deposit limit for Local Area Banks as Single Rupee term deposits of Rs 1 crore and above', as applicable in case of RRBs. To promote ease of doing business, RBI has proposed to rationalise guidelines for export and im
 "RBI hikes threshold for bulk fixed deposit to Rs 3 crore from Rs 2 crore")
Fixed Deposit investors: Stagger FD investments to catch peak rates
While some portion of your money should go into longer-tenure FDs offering higher rates, diversifying across maturities is also essential
 "Fixed Deposit investors: Stagger FD investments to catch peak rates")
Investment strategy: Why relying primarily on fixed deposits is a bad move
India's economy is growing, and even those who prefer fixed-income investments should consider optimising their choices within that category.
 "Investment strategy: Why relying primarily on fixed deposits is a bad move")
Company fixed deposit rates' terms, tenure explained in one table
Comprehensive insights into ratings and returns offered by various players over different horizons
 "Company fixed deposit rates' terms, tenure explained in one table")
Have some risk appetite? Invest in highly rated company fixed deposits
While they offer higher returns than bank FDs, they are not protected by deposit insurance
 "Have some risk appetite? Invest in highly rated company fixed deposits")
Company fixed deposit rates' terms, tenure explained in one table
Detailed insights on ratings and returns offered by various players over different horizons
 "Company fixed deposit rates' terms, tenure explained in one table")
Company fixed deposit rates' terms, tenure explained in one table
Comprehensive insights into ratings and returns offered by various players over different horizons
 "Company fixed deposit rates' terms, tenure explained in one table")
Which banks or financial institutes offer the best FD rates? Take a look
Fixed deposits (FDs) are a cornerstone of financial planning for many in India, offering a secure and predictable return on investment
Investing in green deposits: How are they different; what do they do
Banks are allowed to offer overdraft facilities to customers against green deposits
 "Investing in green deposits: How are they different; what do they do")
Safe investment option: What is a fixed deposit; how does it work
An amount deposited with a bank or financial institution must not be withdrawn prematurely
Starting an FD? Here are the top rates offered by private and public banks
Navigating fixed deposit options: A comprehensive guide to top rates across different banks
 "Starting an FD? Here are the top rates offered by private and public banks")
80% of all term deposits are in Rs 15 lakh-1 cr ticket size with 1-3-yr duration
Deposit mobilization by banks continued to remain skewed in the 1-3-year bucket and it continues to rise consistently.
 "80% of all term deposits are in Rs 15 lakh-1 cr ticket size with 1-3-yr duration")
Bigger the FD, higher the return: Should you lock funds in non-callable FDs?
These FDs do not allow you to withdraw your deposit before the maturity date, which is not the case for callable FDs unless a court order is issued in the event of death or bankruptcy.
FD for senior citizens: Here are the best rates, but should you invest?
Small Finance Banks offer the highest interest rates to senior citizens on fixed deposits
Use laddering to average out returns, minimise reinvestment risks
Those keen to strike a balance between risk and reward may go for barbell strategy
Investors can lock into current high yields with target maturity funds
The medium- to high-maturity variety of these funds can also offer capital gains if interest rates fall
 "Investors can lock into current high yields with target maturity funds")
Deferred annuity plans need caution in investment to avoid mis-selling
Before falling for the promised return, consider the principle of time value of money
 "Deferred annuity plans need caution in investment to avoid mis-selling")
SBI becomes fifth bank to hike FD rates in December 2023
For deposits maturing in seven days to forty-five days, SBI increased interest rates by 50 basis points (bps).
Best time to book FDs is from now to 6 months but stay away from floating FDs
Many banks try to sell floating-rate FDs at marginally higher interest rates. These FDs are best avoided because the yield will be much less
 "Best time to book FDs is from now to 6 months but stay away from floating FDs")
Several banks raise FD rates in December, offer up to 8% interest
On Monday, Kotak Mahindra Bank raised fixed deposit (FD) interest rates by up to 85 basis points. Kotak Mahindra customers can now earn up to 7.80 per cent on senior citizen FDs
 "Several banks raise FD rates in December, offer up to 8% interest")