This article explains what FCNR deposits are, their unique advantages, and why they could be the right choice for you.
The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...
RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...
The FD booking will be processed once the payment is completed and funds are received from the payment gateway.
Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...
With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...
Bank of Ireland said it is is reducing the interest rate on its 12 and 18-month fixed-term deposits by 0.25%. The changes ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
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Can You Get a Loan Against Your Fixed Deposit?
Fixed deposits (FDs) are a popular investment option due to their predictable returns and stability compared to other ...
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
The interest earned on FD is fully taxable, which is considered ‘income from other sources’. The amount of TDS collected on ...