The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%—the first reduction in nearly five years.
"Locking in an FD means securing a fixed interest rate for a specific period. Once invested, the money cannot be withdrawn ...
Ahead of the RBI MPC meeting which is set to end on February 7 with a likely cut in interest rates, several banks in India ...
Ahead of the RBI MPC meeting outcome announcement, which is scheduled for February 7th, major banks across India have already ...
The Reserve Bank of India (RBI) 's Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the ...
SBI offers a loan against fixed deposit and the interest rates are usually lower when compared to other loans.
The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can ...
The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.