In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with higher interest rates and added flexibility to attract customers. These ...
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Fixed deposits offer stability to your investment portfolio, unlike market-linked instruments such as equities and mutual funds which carry a higher risk factor. Even during market downturns ...
secure a home with just a 3% deposit. Offering loan terms up to 45 years and five- or seven-year fixed rates, the products enhance affordability and stability. Vida has also increased procuration fees ...
Image: Getty Images The Reserve Bank of India (RBI) has said regulated entities (REs) must offer fixed interest rate products in all equated installment-based personal loan categories. Issuing ...
Non-Resident External (NRE) fixed deposits offer an attractive investment option, allowing NRIs to safely deposit their foreign income in Indian banks and benefit from competitive interest rates.
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Interest rates on fixed deposits (FDs) are currently relatively high. Smaller banks in India are offering rates that catch the eye. But should you take the plunge? Here’s a simple breakdown.