Fixed Deposit

Timelines
SBI reduces FD rates; check revised rates here

09 May 2020

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

07 Feb 2020

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

09 Sep 2019

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

01 Sep 2019

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

01 Aug 2019

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

29 Jul 2019

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

05 Jul 2019

#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

31 Mar 2017

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.