As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Before locking your money in a fixed deposit (FD), it is vital to compare the interest rates offered by different banks. Typically, most banks offer lower rates for shorter duration and higher ...
Fixed Depsit rates: In December 2024, several banks, including Federal Bank, Karnataka Bank, Equitas Small Finance Bank, RBL Bank, and Bank of Maharashtra, changed their fixed deposit interest ...
Individual tax-payers, especially senior citizens, are hoping for increased tax deductions under Sections 80TTA and 80TTB in Union Budget 2025 in the face of rising inflation and healthcare costs ...
The new FD rates are effective from today (May 15). SBI hiked interest rates on 46 to 179 days, 180 to 210 days, and 211 to less than one-year tenures by 25-75 basis points. The bank last hiked ...
Mumbai-based Suryoday Small Finance Bank has hiked its interest rates on fixed deposits (FDs). In the case of senior citizens, for an amount less than ₹2 crore, for a period of 5 years ...