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Fixed Deposit
Business  /  Published 06.07.20

Cost pinch for investors from July

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...
By Pinak Ghosh in

Business  /  Published 21.05.20

ICICI Bank FD for seniors

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 ...
By Our Special Correspondent in Mumbai

Business  /  Published 11.08.19

RBI’s latest repo cut has big implications for the debt market

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...
By Nilanjan Dey in

Business  /  Published 28.11.18

SBI select deposits gain

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...
By Our Special Correspondent in Mumbai

India  /  Published 21.10.19

PMC crisis: Money stuck, trust lost

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...
By PTI in Mumbai

India  /  Published 31.03.20

Unkindest cut

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 ...
By Our Special Correspondent in New Delhi

Business  /  Published 30.01.19

6 things you need to know about investing in good company FDs

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...
By Brand Studio Team in New Delhi

Business  /  Published 29.07.19

SBI cuts deposit rates

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...
By TT Bureau in Calcutta

Business  /  Published 14.01.20

SBI cuts interest on deposits

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...
By PTI in Mumbai


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