Bank of India (BOI), one of India’s prominent public sector lenders, has announced a series of revisions to its Fixed Deposit (FD) interest rates. The bank has withdrawn its special 400-day FD ...

The Reserve Bank of India has significantly reduced ... it spells concern for fixed deposit (FD) investors. As banks begin to transmit the repo rate cut, FD interest rates are likely to decline ...

Cuts key rate for first time in almost five years ... Here are the key takeaways from the Reserve Bank of India’s first monetary policy decision under its new governor, Sanjay Malhotra, who ...

India's central bank delivered an outsized cut to its benchmark policy rate, bringing it to 5.5% from 6%, its lowest level since August 2022. Stream NBC 5 for free, 24/7, wherever you are.

(Photo: REUTERS) On how this repo rate cut move would impact bank FD rates, Pankaj Mathpal of Optima Money Managers said, “The repo rate cut is going to affect FD rates negatively as banks would ...