Fixed Deposit: News
FD encashment cannot be taxed as fresh deposit: ITAT
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has ruled that encashing a fixed deposit (FD) cannot be taxed again as an unexplained bank deposit.
FD rules change from October 1: How they affect you
In a bid to enhance transparency, the Reserve Bank of India (RBI) has issued new guidelines for commercial banks.
You can now invest in fixed deposits using PhonePe
Leading digital payments platform PhonePe has launched a new feature on its app - the ability to book fixed deposits (FDs) with partner banks and non-banking financial companies (NBFCs).
RBI keeps repo rate unchanged: How it affects your FD?
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate steady at 5.25%.
Should you invest in small savings schemes like PPF now?
The new tax regime has left many taxpayers questioning the value of investing in small savings schemes like the Public Provident Fund (PPF), Senior Citizens Savings Scheme (SCSS), and National Savings Certificate (NSC) in India.
Zerodha will soon let you invest in fixed deposits
Zerodha, one of India's leading discount brokers, is gearing up to launch a fixed deposit (FD) product on its Coin platform.
How Axis Bank is protecting your FDs from digital frauds
Axis Bank has launched a new feature called 'Lock FD,' aimed at preventing premature digital closure of fixed deposits (FDs).
You can now get loans, credit cards via Vodafone Idea
Vodafone Idea has launched a new service called Vi Finance on the Vi App.
Now open Axis Bank FDs using funds from other banks
In a major move, Axis Bank has introduced a new feature on its mobile app, allowing customers to open fixed deposits (FDs) using money from non-Axis Bank accounts.
Video: Gujarat man assaults bank manager over tax deduction
A video of a brawl at a Union Bank branch in Ahmedabad's Vastrapur has gone viral.
MobiKwik has launched instant FDs with up to 9.5% returns
Leading payment platform MobiKwik has launched an instant fixed deposit (FD) product on its mobile app.
Understanding the benefits of flexi fixed deposits for Indian savers
Flexi fixed deposits combine the liquidity of a savings account with the high interest rates of a fixed deposit. They offer a versatile saving instrument for Indian savers.
SBI announces increase in fixed deposit interest rates: Check updates
The State Bank of India (SBI) has declared a hike in its fixed deposit (FD) interest rates for certain tenures on retail deposits up to ₹2 crore.
ICICI Bank shocker: Customer accuses manager of Rs. 16cr fraud
A woman named Shveta Sharma has accused a manager at ICICI Bank of defrauding her.
BOI introduces special fixed deposit scheme for high-net-worth individuals
Bank of India, a government-owned bank, is ringing in the new year with the launch of its "Super Special Fixed Deposit" scheme.
ICICI Bank FD interest rates hiked: Check latest rates
ICICI Bank, India's second-largest private bank, has reportedly raised the interest rates on its fixed deposits (FD) once again with effect from Tuesday (June 7).
SBI reduces FD rates; check revised rates here
India's largest lender State Bank of India (SBI) has slashed interest rates for fixed deposits (FDs) up to three years' tenor by 20 basis points (bps). The new rates will come into effect from May 12.
SBI home loans to get cheaper as lender slashes MCLR
India's largest lender, the State Bank of India (SBI) on Friday cut its lending rates.
SBI cuts Fixed deposit (FD) rates again: Details here
On Monday, the State Bank of India (SBI) announced that it would reduce MCLR (marginal cost of lending rate) on loans across all tenors.
Ahead of bank merger, PNB reduces FD interest rates again
Ahead of its merger with Oriental Bank of Commerce and United Bank of India, the state-run Punjab National Bank (PNB) has revised its fixed deposit (FD) interest rates yet again.
After SBI, Punjab National Bank revises fixed deposit interest rates
Days after the State Bank of India announced that it will reduce the interest rates on fixed deposits (FDs), the Punjab National Bank (PNB) also revised its FD interest rates.
Bad news: Your SBI fixed deposit to earn lower interest
In what would come as a shock to many, the country's largest lender State Bank of India (SBI) has sharply reduced its interest rates on fixed deposits (FDs) across all maturities, ranging from 45 days to ten years.
#FinancialBytes: Five best credit cards offered to students in India
Credit cards have become an essential part of our lives because of the convenience they offer.
Demonetization fails to dampen returns, market shows steady progress
The BSE Sensex performed remarkably this year marking a return of 17% where it oscillated between a low of 24523.20 on April 2016 and a peak of 29824.62 this year.