Banks will be required to ensure complete Know Your Customer (KYC) formalities at the time of opening the account in favour of a minor, and even afterwards. They will also need to ensure timely KYC ...

Yes Bank has revised savings account interest rates for domestic and non-resident savings accounts. After revision, the savings account interest rates varies between 3% and 5% depending on the balance ...

The bank has stopped offering an FD tenure of 181 days with a higher interest rate separately. Earlier, 181-day FD was offering 6.50% and FD tenures between 182 days and 270 days were offering 6.25%.

Following the revision, HDFC Bank now offers FD interest rates ranging from 3 per cent to 7.10 per cent for general customers, and from 3.5 per cent to 7.55 per cent for senior citizens. Also Read:SBI ...

HDFC Bank has lowered interest rates on select fixed deposit (FD) tenures by up to 50 basis points (bps) for deposits below Rs 3 crore. The revised FD rates come into effect on Saturday, April 19, ...

HDFC Bank Vs ICICI Bank Vs Yes Bank FD Rates: Banks have reduced their interest rates months following the RBI MPC’s decision to reduce the key repo rate. Several banks cut their lending and deposit ...

ICICI BANK 'S INTEREST RATES ON FIXED DEPOSITS The bank has also reduced its FD interest rates across various tenures. It has cut FD interest rates by up to 25 basis points on select tenures. Now, ...

Recently, Yes Banks revised downwards its FD interest rates. Following this, Equitas Small Finance Bank (SFB), a prominent player in the private banking sector, has revised its fixed deposit (FD) ...

A reduction in this rate lowers borrowing costs for banks, and in turn, banks tend to reduce their FD interest rates. This is because the cost of capital becomes cheaper, and banks no longer need ...

Dividend stocks: Investing in stocks is primarily seen as a way to generate returns through value appreciation — where the price of the shares grows over time, allowing investors to sell them ...

The State Bank of India (SBI) has withdrawn its popular fixed deposit (FD) scheme, Amrit Kalash. The 400-day special FD offered interest rates of 7.10% per annum for general customers and 7.60% for ...

Bank of Baroda has introduced a new fixed deposit option called the ‘bob Square Drive Deposit Scheme’. The updated FD interest rates, including the new scheme, came into effect on April 7 and apply to ...