Fd Rates
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These banks are offering over 8% yearly returns to senior citizens on FDs, check list
Trendingdesk •Senior citizens are now able to book fixed deposits with over 8 per cent annual interest rate at several banks. Senior account holders also get to enjoy an extra 0.5 per cent interest offered by most banks
New FD rates announced by Punjab and Sind Bank; check latest fixed deposits rates here
Trendingdesk •Punjab and Sind Bank has hiked its interest rates on fixed deposits (FDs) and savings accounts. The updated interest rates of Punjab and Sind Bank came into effect from 1 November
SBI cuts savings bank account interest rate by 25 bps to 3.25%, slashes fixed deposits rates by up to 30 bps
Fp Staff •In view of the adequate liquidity in the system, the State Bank Group on Wednesday revised interest rate on savings bank deposits (with balances up to Rs 1 lakh) from 3.50 percent to 3.25 percent effective 1 November
Demonetisation impact: ICICI, HDFC Bank cut fixed deposit rates by 0.25%
•The lowering in fixed deposit rates may herald reduction in lending rate as well in the next few days.
Tax-free bonds are flopping: Rich say 'no' to cheap money
Business •Despite signals that interest rates have nowhere to go but down, there are enough indicators to the contrary