Mon, Jul 08, 2024
Unlike market-linked investments, FDs are not subject to market volatility, providing a reliable and steady return. This makes them an ideal choice for risk-averse investors or those looking to park their funds safely while earning a higher interest rate compared to regular savings accounts.
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Thu, Aug 18, 2022
According to the data compiled by CareEdge showed, the largest state-owned bank, State Bank of India increased its deposit rate by 15 basis points on deposit maturing between 180 days and 210 days from 4.40 per cent to 4.55 per cent.
Fri, Aug 05, 2022
"When there is a credit offtake, banks can sustain and support that credit offtake only if they have higher deposits. They cannot be relying on the central bank money on a perennial basis to support credit offtake they have to mobilise their own resources and funds," Das told reporters today
Fri, Jun 14, 2019
RBI's back-to-back rate cut is setting a new trend for banking system’s deposits, lending and CASA.
Tue, Aug 01, 2017
With State Bank of India (SBI) announcing the revision of interest rates on savings account for balances of Rs 1 crore and below, other banks likely to follow suit.
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