Search For "deposit rates"
Updated : 2 months, 3 weeks ago IST
Pune (Maharashtra) [India], February 16 (ANI/BusinessWire India): Since the Reserve Bank of India's announcements to boost liquidity and ease financial stress, financial institutions would now need to increase rates on conventional investment options like saving accounts or fixed deposit rat
Updated : 4 months, 3 weeks ago IST
Pune (Maharashtra) [India], December 22 (ANI/NewsVoir): Fixed deposit has long been the go-to instrument for risk-averse investors looking for financial security and steady growth. In recent times, economic instability and revenue slumps have put a new shine on this traditional investment wi
Updated : 8 months ago IST
Pune (Maharashtra) [India], September 14 (ANI/NewsVoir): As bank Fixed Deposit rates hover around the 4-6 per cent mark, people are switching to corporate FDs to earn higher returns. While these FDs promise attractive returns, there is always a question of safety of deposits.
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
Updated : 1 year, 9 months ago IST
New Delhi [India], Aug 10 (ANI): More government-owned banks have announced linking their lending and deposit rates to the Reserve Bank of India's (RBI's) repo for facilitating faster transmission after the State Bank of India did so in May.
Mumbai (Maharashtra) [India], Aug 5 (ANI): The Reserve Bank of India (RBI) may cut repo rate by 25 basis points (bps) in its August 7 policy meet and further reduce it by 50 to 75 bps to achieve the level of less than or equal to 5 per cent by March 2020, according to State Bank of India's r
Mumbai (Maharashtra) [India], July 29 (ANI): Government-owned State Bank of India (SBI) has slashed deposit rates on various tenors due to surplus liquidity and falling interest rate scenario.
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], May 1 (ANI): State Bank of India (SBI), the country's largest lender, on Wednesday linked loan and deposit rates to the repo rate of Reserve Bank of India (RBI).
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar said on Saturday that the country's biggest lender will link its rates of bank deposits for Rs 1 lakh and above with Reserve Bank of India's repo rate.
Pune (Maharashtra) [India] March 5 (ANI): The year 2018 witnessed all developed economies hiking their interest rates. The US Fed hiked it four times, whereas Reserve Bank of India (RBI) increased its policy rates twice. Bank deposit rates have moved in tandem to this increase. Whil