Page 2 - Fixed Deposits

Fund houses set to launch a slew of target maturity funds in coming months

Nearly 40% NFOs filed since July are for these passive debt funds

AT-1 bond returns are attractive compared to FDs, but factor in the risks

Their spread over G-Secs of comparable maturity have also declined compared to historical averages

YES Bank hikes interest rate on NRE, FCNR fixed deposits as norms are eased

RBI has taken several steps such as exempting banks from maintaining CRR and SLR on incremental NRE and FCNR (B) deposits, in order to attract dollars and protect the rupee

ICICI, Axis, IDFC First Bank hike deposits rate for above Rs 2 crore

Hike rates after credit growth expands 15.3%

HNIs more cautious on foreign investment after new rules kick in

According to the new rules of the liberalised remittance system (LRS), an Indian resident can now invest $250,000 a year in foreign stocks, debt etc

Amrit Mahotsav FD scheme: IDBI Bank announces special 500 days deposit

IDBI Bank has introduced a limited period special 500 days deposit under the Amrit Mahotsav FD scheme, which will offer 6.70 per cent interest rates

Flows into NRI deposits nosedive to mere $349 mn in June quarter

Outstanding deposits declined to $135.9 billion at the end of June 2022 from $141.5 billion a year ago.

I-T Dept freezes FDs of Viresh Joshi in Axis MF front-running case

In a latest development in the alleged front-running case involving Axis Mutual Fund, the Income Tax Department has freezed fix deposits worth Rs 57 crore belonging to its former chief trader

Ujjivan Small Fin Bank raises interest rate on fixed deposits by up to 1.5%

Ujjivan Small Finance Bank has raised interest rate on fixed deposits by up to 1.5 per cent

Top Headlines: Common charger for all mobiles; banks rush to woo depositors

At a time when growth in bank credit is outstripping that of deposits, several lenders, including the country's largest bank, State Bank of India (SBI), have raised deposit rates ahead of the festival

This Rakha Bandhan, gift your sister financial security: here are some tips

Here are some of the financial products a brother can gift to his sister on the occasion of Raksha Bandhan

Ladder your fixed deposits to avoid the risk of reinvestment: Experts

Debt fund investors should keep the bulk of their investments in shorter-duration funds, 10-20% in longer-duration ones

Kesoram Industries to raise high-cost funds via FDs; to offer 12.25% rate

To offer 12.25% rate; plans to use proceeds for working capital, pare debt

Share of Casa in total bank deposits rose to 44.8% in March 2022: RBI data

Seven states accounted for 63.3% of overall deposits; share of female holdings in incremental deposits more than doubled

RBI monetary policy: Ladder your FDs and benefit from higher rates later

Home loan borrowers must pre-pay to prevent their loan tenures from rising

Not satisfied with FD returns of top-tier banks? Consider G-Secs

Those keen on locking in interest rates for very long tenures should also opt for them

A snapshot of fixed deposit interest rates offered by various banks

Here is how the fixed deposit interest rates offered by various banks stack up

Bajaj Finance raises interest rates on fixed deposits by up to 10 bps

The revised interest rates by Bajaj Finance will be applicable to fresh deposits as well as renewals of maturing deposits

Youth turn smarter on financial planning amid Covid, but gaps remain: Study

They need hand-holding on life and health insurance, and should not lean on social media influencers, who are often neither qualified nor regulated, say experts

Green fixed deposits: For interest of the environmentally conscious

They're at par with normal fixed deposits but not all banks offer these