Deposits Archives - Rvpg media

Know the rules for premature withdrawal of fixed deposits

NEW DELHI: There is good news for retail investors: fixed deposit (FDs) rates are on the rise, again. Experts say most banks have raised interest rates on fixed deposits and it is now a good time for depositors, especially those who are conservative, to get better and assured returns on these saving instruments. However, investors … Read more

AU Small Finance Bank revises interest rates on fixed deposits, savings accounts

AU Small Finance Bank (SFB) revises interest rates on fixed deposits of less than ₹2 Cr as well as on savings bank deposits. As per the official website of the bank, the new rates are effective as of 12th December 2022. Following the revision, the bank is now offering FD rates ranging from 3.75% to … Read more

Race for deposits: Small finance banks turn up the heat, offer 8%-8.75% return on FDs – Moneycontrol

Race for deposits: Small finance banks turn up the heat, offer 8%-8.75% return on FDs  Moneycontrol Unity Small Finance Bank gives 9% interest to senior citizens on FDs  Firstpost 9 banks offering from 7% to 7.50% interest rates on savings accounts in 2022  Mint Senior Citizens can get up to 8.5% Fixed Deposit interest rate with this bank  The … Read more

Unity Bank Offers 9 percent pa on Fixed Deposits to Senior Citizens for a Tenure of 181 & 501 Days

More News 18 Nov 2022 | 8:50 PM Kakinada , Nov 18 (UNI) District Collector Kritika Sukla has said that loans were being distributed for taking up petty trades diverting the families from ID Liquor sale under Parivarthana scheme as a part of the programme to declare the district as free from ID Liquor. see … Read more

Jana Small Finance Bank offers inflation beating rates on savings, fixed deposits up to 8.5 per cent

Jana Small Finance Bank on Tuesday said it has raised interest rates on savings and fixed deposits up to 8.50 per cent with immediate effect, beating the current inflation rates. Senior citizens (above 60 years) will get the highest return of up to 8.5 per cent on their fixed deposits for 2-3 years. Announcing the … Read more

Jana SFB offers inflation beating rates on savings, fixed deposits up to 8.5 pc

Jana Small Finance Bank on Tuesday said it has raised interest rates on savings and fixed deposits up to 8.50 per cent with immediate effect, beating the current inflation rates. Senior citizens (above 60 years) will get the highest return of up to 8.5 per cent on their fixed deposits for 2-3 years. Announcing the … Read more

fd interest rates: Up to 7.5% interest on fixed deposits: These 5 banks offer highest interest rates on 3-year FD

Banks have increased their fixed deposit (FD) interest rates following the Reserve Bank of India’s (RBI) consecutive repo rate hikes since May 2022. RBI has raised the repo rate by a total of 190 basis points (bps) since May Fixed deposits are among the most popular investment options for many, especially conservative investors. “The increase … Read more

PSU banks’ robust Q2 performance ring in analyst upgrades – Rising rivalry for deposits a concern in the medium term

Public sector banks’ strong performance in Q2 has resulted in earnings and target price upgrades from analysts. Overall, PSU banks delivered a cumulative net profit of ₹25,685 crore in Q2, winning accolades from Finance Minister Nirmala Sitharaman. However, analysts remain watchful in the medium term as competition among banks to attract deposits is on the … Read more