How to become rich with SBI's New Recurring Deposit Scheme: State Bank of India (SBI), the country’s largest bank, has launched two new deposit schemes, Har Ghar Lakhpati and SBI Patrons ...
Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to ...
State Bank of India (SBI) – the country’s largest lender – has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources.
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 ...
Some of India's top banks have launched special fixed deposit schemes and revised their FD interest rates, especially for ...
In a move to attract deposits, the State Bank of India (SBI) on Friday said it has launched two new deposit schemes Har Ghar Lakhpati and SBI Patrons, designed to provide customers with greater ...
‘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 ...
These schemes offer higher interest rates, benefiting conservative investors and senior citizens. They help banks manage ...
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, ...
The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...