Private lender ICICI Bank on Thursday announced a fixed deposit product with an enhanced interest rate offering of 0.80 percentage point for senior citizens
Yes Bank on Thursday said it has transferred a Rs 389-crore fixed deposit account of Shree Jagannath Temple Administration, Puri, to State Bank of India
DHFL lessons for shadow banks: Turning blind eye to risk management for quick growth makes profit-hungry NBFCs vulnerable
CRISIL downgraded DHFL commercial paper worth Rs 850 crore too on account of the weak liquidity condition of the company.
DHFL crisis: Savings of over 1 lakh fixed deposit holders at risk as trouble mounts for debt-laden mortgage firm
Cases of fund diversions, as revealed in a forensic audit by accounting firm KPMG, may scuttle the resolution plan for DHFL that has been in the works for several months.
SBI cuts savings bank account interest rate by 25 bps to 3.25%, slashes fixed deposits rates by up to 30 bps
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
Rates have been cut, debt funds have emerged as a viable alternative, FDs are losing the tax game and they provide limited flexibility.
Dematerialisation of financial instruments is customer-friendly given the wide reach of mobile technologies
The country's largest lender State Bank of India on Friday slashed interest rates on fixed deposits across various tenure by up to 0.5 percentage point, a move which will lower returns for savers
Reliance Capital posts four-fold jump in June quarter profit at Rs 1,218 cr on higher income; total assets stand at Rs 79,207 cr
Total assets of Reliance Capital stood at Rs 79,207 crore as on June 30, 2019 as against Rs 83,973 crore a year ago.
Top private sector lenders have cut their interest rates on deposits by up to 0.25 percent over the last week, officials said on Monday
Investment for senior citizens: Why bank on risk-free FDs alone? From gold to mutual funds, there are other options too
Gold is a good investment in terms of capital appreciation as mining of fresh gold has almost come to a standstill and the world is managing with the existing stock
Fixed deposits and tax-free bonds seem to be among the most favoured financial investments for the political leaders fighting the 2019 Lok Sabha polls
Jet Airways assures employees of resolving problems in a month's time after staff union meets management
The Naresh Goyal-led Jet Airways has been facing severe cash-flow issues since July last year leading to delayed salaries since last August 2018 for senior management.
Cash-strapped Jet Airways pledges fixed deposits worth Rs 1,500 crore with SBI to borrow Rs 225 crore
Lenders were not willing to sanction a term loan to Jet Airways without gaining exclusive rights on its interest-yielding cash deposits or appreciating assets
Big Bull Rakesh Jhunjhunwala says time to keep some money off the Dalal Street; pooh-poohs startups success stories
Jhunjunwala said he will also leave 5 percent of his fortune in fixed deposits for his two kids, which cannot be touched by them but can ensure easy survival even if they blow the rest of the fortune in gambling in Macau.
Budget 2019: Taxation worrying investors; here's what govt can do to ease their woes and strengthen economic situation
The budget is expected to further ease out compliance burden and facilitate ease of business for SMEs.
ICICI Bank's head of retail liabilities group, Pranav Mishra, said the lender feels prevailing volatility in the financial market will lead to a renewed interest among customers to invest in fixed deposits.
That Amrapali auditors turned a blind eye to its management’s shenanigans for a quid pro quo, makes it a Satyam redux.
Once preferred investment choice of Indians, fixed deposits are back in favour; eight reasons why FDs are beneficial
Current volatility and a steady increase in interest rates have given everyone enough reasons to park a proportion of their funds in fixed deposits