Page 3 - Fixed Deposit Rates
Canara Bank hikes fixed deposit rates by up to 25 basis points
The revised rates are effective from March 1, 2022, Canara Bank said in a statement
 "Canara Bank hikes fixed deposit rates by up to 25 basis points")
Rate cycle turns as commercial banks hike fixed deposit rates
Commercial banks in India have revised their deposit rates upward by 5-15 bps in an indication that the interest rate cycle has turned amid uptick in loan demand
 "Rate cycle turns as commercial banks hike fixed deposit rates")
Huge rush for Small Savings Schemes in FY22 amid falling bank FD rates
Take into account tax benefit and payout frequency as well when selecting a scheme
 "Huge rush for Small Savings Schemes in FY22 amid falling bank FD rates")
Target maturity funds can help you avoid losses amid rising interest rates
Stick to shorter tenure fixed deposits now to benefit from higher rates later
 "Target maturity funds can help you avoid losses amid rising interest rates")
Ujjivan Small Finance Bank raises interest rates on FDs of up to Rs 2 cr
The new rates come into effect from December 31, 2021
 "Ujjivan Small Finance Bank raises interest rates on FDs of up to Rs 2 cr")
A snapshot of fixed deposit rated offered by banks and other details
Here is how the fixed deposit rates offered by various banks stack up
Bank FD to fetch negative real interest with elevated inflation
The Reserve Bank of India (RBI) in its latest monetary policy review has projected retail inflation at 5.3 per cent for the current financial year.
 "Bank FD to fetch negative real interest with elevated inflation")
Pure-play protection plans second fiddle to savings plan for life insurers
Growth in recent times is led by savings products, poised to give better returns that bank FDs
 "Pure-play protection plans second fiddle to savings plan for life insurers")
State Bank of India slashes FD rate by 40 bps, second cut in May
The lender will also extend EMI moratorium by 3 months for all eligible customers without waiting for a request
 "State Bank of India slashes FD rate by 40 bps, second cut in May")
Gloom for savers: How RBI repo rate cut will impact FD investments, savings
The recent spate of rate cuts by the Reserve Bank of India could be bad news for savers
 "Gloom for savers: How RBI repo rate cut will impact FD investments, savings")
Major relief for senior citizens as SBI offers 80 bps more on FDs
SBI's new product offers good rates but SCSS and RBI's savings bonds are more attractive
 "Major relief for senior citizens as SBI offers 80 bps more on FDs")
How to get the most out of your fixed deposits as interest rates fall
Choose a higher compounding frequency, and invest across multiple tenures and banks
 "How to get the most out of your fixed deposits as interest rates fall")
Add fixed deposits to your portfolio as rates on offer are quite reasonable
Many financial planners advise using this instrument for investment as well as meeting short-term goals
 "Add fixed deposits to your portfolio as rates on offer are quite reasonable")
Who is offering best fixed deposit rates? You must know before investing
Investors in the 20 and 30 per cent tax bracket should calculate the post-tax return
