A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a ...

It is, therefore, recommended to lock your savings into fixed deposits (FDs) for a medium to long term if you are planning to invest in some safe instruments. I. State Bank of India (SBI): The ...

I. SBI (State Bank of India): The largest lender in the country offers 6.7 percent and 7.20 percent on its one year fixed deposits to general citizens and senior citizens, respectively.

Bank depositors are covered by the ... contribution The insurance coverage extends to various deposit types, including savings accounts, fixed deposits, current accounts, recurring deposits ...

With the RBI reducing repo rates, fixed deposit interest rates are expected to fall. Experts advise investors to act quickly and lock in higher rates, especially in longer-term FDs, to maximize ...

(Image: Freepik) The Reserve Bank of India (RBI) is likely to go for a rate cut in its April MPC meeting, which may prompt banks to lower the interest rates on their fixed deposits further.

State Bank of India (SBI) and HDFC Bank are set to close their special fixed deposit schemes on March 31, 2025, which they had declared earlier. These schemes offer higher interest rates compared ...

Record-breaking Q1 2025 for Home BancShares! Learn how strong capital, loan/deposit growth, and operational efficiency drive optimism for the future.

The interest rates are determined by the banks, and individuals deposit a lump sum amount for a fixed period. Here, we will find out what you will get in a State Bank of India (SBI) 5-year FD and a ...

tax-saving fixed deposits (FDS) offer interest rates ranging from 6.50% to 7.75% per annum, with some banks offering higher ...