Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to ...

These schemes offer higher interest rates, benefiting conservative investors and senior citizens. They help banks manage ...

The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...

State Bank of India chairman C.S. Setty told analysts ... According to Mukherjee, both current and savings accounts are demand deposits, meaning the money is available on demand.

State Bank of India and Flywire’s internet banking integration have been providing Indian students with a fully digital experience for their tuition fee payments. Now, as an extended offering, ...

Some of India's top banks have launched special fixed deposit schemes and revised their FD interest rates, especially for ...

While upholding State Bank of India's liability for a fraudulent and unauthorized transaction reported in a customer's bank ...

‘SBI Patrons’ is available to existing and new Term Deposit customers. According to the State Bank of India website, under the ‘SBI Patrons’ scheme, super senior citizens will be offered ...

While the total number of SHGs linked to banks through savings bank accounts in India is 144 lakh with 77 lakh of those (or, ...

FD schemes: After focusing on senior citizens, banks are now expanding their offerings to include fixed deposit schemes ... scheme by the State Bank of India, which offers an additional 10 ...

At the World Economic Forum 2025 in Davos, Amitabh Chaudhry, MD & CEO of Axis Bank, shared insights on India's banking landscape, focusing on long-term growth strategies, risk management, and ...