Life insurers are vying for a share of the rising investments in fixed deposits by pitching their guaranteed savings products. Despite a decline in the repo rate by 115 basis points since February, a...

From July onwards, investors would have to pay stamp duty on the purchase and transfer of shares and mutual funds. The government had introduced the changes to the Stamp Duty Act last year by introduc...

Private lender ICICI Bank on Thursday announced a special fixed deposit (FD) product for senior citizens offering a higher interest rate of 80 basis points.Banks generally give an additional interest ...

The State Bank of India on Wednesday hiked its fixed deposit rates by up to 10 basis points on select maturities, following its private sector rivals HDFC Bank and ICICI Bank, who had revised their ra...

It always works, when you know what you’re doingRichard Bach in Johnathan Livingston SeagullThe Reserve Bank of India’s decision to cut the policy repo rate by 35 basis points has unleashed a...

The Reserve Bank of India has clamped down on the operations of the crisis-hit Punjab and Maharashtra Cooperative Bank but, nearly a month on, depositors say their troubles have only worsened.Some hav...

One of the prime reasons company FDs are popular is because they generally give you higher FD interest rates than banks. For instance, the Bajaj Finance FD offer you an interest rate of up to 9.10% on...

The Centre delivered a body blow to small savings depositors on Tuesday by slashing interest rates by 70 to 140 basis points in the first quarter (April-June) of the financial year 2020-21 — making ...

The country's largest lender State Bank of India (SBI) has reduced interest rates on retail term deposits by 15 basis points on certain tenures, effective January 10. The reduction in interest rates a...

The State Bank of India has lowered its interest rates on fixed deposits across all tenors. The new rates will come into effect from August 1, 2019, just a few days ahead of the monetary policy meet o...