Bank customers should compare the interest rates offered by different banks for the desired tenure. Here is a table comparing interest rates offered by different banks for a 3-year tenure across ...
With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
1. Compare interest rates first: One must compare the interest rates of different banks before finalising the bank. 2.
With banks expected to lower FD rates in response to cheaper borrowing costs, returns on deposits could shrink in the coming ...
Draft norms for management of liquidity by banks are due for finalisation by new RBI governor Sanjay Malhotra, and the original schedule called for them to take effect from April 1.
Deposit Insurance Coverage: What You Need to Know Under the DICGC Act, deposits in banks are insured up to ₹5 lakh per depositor per bank. This includes both the principal and accrued interest.
RBI has reduced the repo rate by 25 basis points for the first time in almost five years. Retail inflation remains a concern, ...
It is noteworthy that the middle class supports the economy through their consumption demand, savings through banks ... hosted by the Deposit Insurance and Credit Guarantee Corporation on August ...