Page 6 - Fixed Deposits

SBI issues latest fixed deposits rate 2023, check full details below

State Bank of India issues latest fixed deposits rate 2023. SBI also offers special FD schemes to attract customers such as SBI Wecare for senior citizens, and SBI Amrit Kalash

A snapshot of corporate FD tables

A snapshot of corporate FD tables

Deposit growth hits 6-yr high on Rs 2000 note withdrawal, higher FD rates

In absolute terms, bank deposits have increased by Rs 22 trillion in the trailing twelve-month period

A snapshot of fixed deposit rates offered by various companies

A snapshot of fixed deposit rates offered by various companies

How much do Indians save in FDs? All India average is Rs 4.25 lakh

Fixed deposits offer a guaranteed rate of interest, which is usually higher than regular savings accounts.

75% Indians don't have funds for emergencies: How to save and plan for it

Most thumb rules related to emergency fund planning state that you must have 6-9 months of your fixed monthly expenses saved away in an easily accessible and low risk asset class.

TMS Ep457: High airfares, tutoring industry, FDs over equities, NDRF

Are cartelisation, regulatory failure led to high airfares? How does India's tutoring industry compare to the world? Are FDs a better bet over equities for next year? What is the NDRF? Answers here

Should you opt for one large fixed deposit or multiple smaller FDs?

For earning better returns, you can spread your investments across multiple fixed deposits with different maturity dates instead of locking all your funds in one fixed deposit for a longer period.

Debt mutual funds or FDs: What should you pick given RBI status quo?

With RBI keeping the key repo rates unchanged at 6.50 per cent, investors with surplus funds are looking to park their money. We decode whether they should stick to FDs or stick to debt funds

Repo rate unchanged at 6.%: Full list of banks offering highest FD rates

Following is a list of public and private banks and the highest Fixed Deposit interest rates they are offering

Is FD a must? All your queries on opening a bank locker answered

Banks are already repeatedly releasing advisories to customers and urging locker holders to sign their revised contracts by June 30.

Abrdn likely to sell its entire stake in HDFC Life through a block deal

The shares will be sold between Rs 563.2 and Rs 585.15 each. At the upper end of the price band, the block sale would fetch abrdn Rs 2,088 crore

Pan-Aadhar link to bank locker agreement: 6 deadlines to remember in June

There are several financial deadlines that taxpayers and bank customers must keep in mind or they lead to fines and penalties

Bajaj Finance hikes FD rates by up to 40 bps, duration 36-60 months

Bajaj Finance, the lending arm of Bajaj Finserv, on Wednesday increased its fixed deposit (FD) rates by up to 40 basis points. Following the hike, 44 months special tenure for senior citizens will invite an interest rate of 8.60 per cent per annum. The new rates are revised higher by 40 basis points on deposits with maturities ranging from 36 months to 60 months, it said. Depositors below 60 years can earn up to 8.05 per cent per annum, while senior citizens can earn up to 8.30 per cent per annum, it said. The revised rates on Bajaj Finance FDs shall be applicable on fresh deposits and renewals of maturing deposits of up to Rs 5 crore, it said.

Need quick credit for short tenure? Consider loan against fixed deposit

But if you require additional liquidity for long term, break the FD and borrow against another asset

Start locking into best available FD rates; invest across tenures

By laddering across various tenures, you can ensure a regular flow of funds and maintain liquidity

RBI rate pause: Lock into best available FD rates, and ladder your bets

Debt MFs investing in quality papers and having average maturity of three-five years are good bets

Why debt funds may still score over bank FDs and bonds despite tax parity

Experts feel debt MFs will be more relevant in a falling interest scenario and work well for those who aren't sure about their investment horizon

Finance Bill 2023: Debt MF tax changes to hit fund houses; AMC stocks fall

Industry expects inflows shrinking in the medium to long-horizon debt funds

Govt may deal a tax blow to debt mutual funds; AMC stocks under pressure

If the proposed amendment to the Finance Bill gets cleared, investments across durations will be taxed as STCG