The CBI on Wednesday froze fixed deposits (FDs) amounting to Rs 16.97 crore allegedly held by arrested Trinamul Congress leader Anubrata Mondal and his relatives and acquaintances in multiple accounts...

Investors applying for the proposed fixed deposit scheme of Kesoram Industries will earn a 12.25 per cent interest per annum. The Basant Kumar Birla flagship hopes to mop up Rs 100 crore from the sch...

Recently, a private bank announced a floating-rate fixed deposit. It’s not the first bank to launch such a product. But there aren’t many banks offering this option. Normally, fixed depos...

Private lender Yes bank on Tuesday announced the introduction of floating-rate fixed deposits for the bank’s domestic customers with the rate of interest linked to the benchmark repo rate. The ...

Banks have now begun to raise their deposit rates, following the Reserve Bank of India’s (RBI) hike in the repo rate last week. On Tuesday, State Bank of India (SBI) and IDBI Bank announced an u...

Let’s face it... the interest rates on fixed deposits have been unappetising for sometime now. The macroeconomic environment required low interest rates. That’s what we have got in the las...

New signboards are often visible, advertising the names of small finance banks. Promoters with 10-year experience in banking and finance of pre-existing, non-banking finance companies, micro-finance i...

State Bank of India and HDFC Bank, two of the country’s largest banks, have raised fixed deposit rates on select tenors by up to 10 basis points — a clear signal that interest rates are he...

Amazon Pay India, the American e-commerce major’s payments app, is set to offer deposit booking services to its customers even as rival Google Pay’s similar facility has invited regulatory...

...