Tag: FDs

Overdue FDs to earn lower interest after this RBI tweak; what you should do

The Reserve Bank of India (RBI) has amended the rules regarding how banks will pay interest on overdue, unclaimed fixed deposits (FDs). As per the...

Small finance banks lower interest rates

NEW DELHI: The days of small finance banks offering over 7% returns on fixed deposit (FD) are coming to an end. Most of them have...

Retail inflation at 6.3%. Real returns from FD could be negative

The rising inflation directly impacts your investments and lifestyle. If you have parked money in fixed deposits of one of the big banks, your returns...

‘Investors should explore MFs as FDs offer low real rate of returns’

Interest rates have been reduced throughout the past years to stimulate the economy, but this has hurt savers and the retired folk. Do mutual funds...

Should you opt for auto-renewal option in fixed deposits?

In case you invest in multiple fixed deposits (FDs) and are not able to keep track of them, you may opt for the auto-renewal option...

Fixed deposits may work better than debt funds in the short term

We asked financial planners to weigh in on the issue. Most of them feel that FDs are better only for time horizons of less than...

Why SFBs are offering higher deposit rates than large commercial banks?

Equitas Small Finance Bank has hiked its interest rate on deposits between ₹1 lakh and ₹5 crore to 7% from 5.5%, with effect from 10...

Savings account interest rates falling? You can consider sweep-in FDs

Private lender Kotak Mahindra Bank on 25 May cut its savings account interest rate. For an account balance above ₹1 lakh, the rate was cut...