Interest rate on deposits in the five years to up to 10 years tenor will be 5.40 per cent compared to 5.70 per cent. For senior citizens also, interest rates on retail term deposits across all tenors have been cut by up to 40 basis points.
The State of Bank of India (SBI) has reduced interest on fixed deposits (FD) following RBI's decision to lower the repo rate by 75 basis points to 4.4% on Friday.
With the current economic scenario revealing financial fault lines, the prospects of an institution defaulting on your fixed deposit, have become very real. Instances of crisis aren’t something to take lightly and even if you are a retail FD investor, you should thoroughly assess the institution you’ve partnered with.
State Bank of India (SBI) -- country's largest lender on Friday announced a cut in retail fixed deposits or FD interest rates. The new FD interest rates on SBI deposits will be effective from February 10.
SBI Alert! Are you SBI FB account holder? Here is important news for you. According to the information available on SBI's website — sbi.co.in — State Bank of India has slashed its highest FD interest rates from 6.25 per cent to 6.10 per cent. Check the latest SBI fixed deposit interest rates 2020 here.
Sukanya Samriddhi Yojana is a savings scheme, backed by the Government of India, which enables parents of girl children to build a fund for their future education and wedding expenses.
Sukanya Samriddhi Yojana is a savings scheme, backed by the Government of India, which enables parents of girl children to build a fund for their future education and wedding expenses.
The new interest rates are applicable on retail deposits below Rs 1 crore.
Safe, secure and guaranteed returns: that’s what FDs promise you. Adding FDs to your retirement investment portfolio reduces your risk exposure and helps you gain from steady earnings.
As per the new structure, for two to less than three years deposits, SBI will offer a rate of 6.25 per cent as compared to 6.75 per cent earlier
SBI Card has introduced the Unnati card in an effort to bring new users into the fold of cashless transactions, thereby contributing to India's transformation towards a digital economy.
In an attempt to tap opportunities arising out of limited cash supply, State Bank of India’s subsidiary SBI Cards is planning to come out with credit cards for anyone who has a fixed deposit of Rs 25,000 in any bank.
With huge inflow of cash due to the demonetisation drive of the government, State Bank of India (SBI) Wednesday slashed fixed deposit rates on select maturities by up to 0.15 percent. Term deposit of
The minister, who did not wish to be named, said officials have apprised the state government that there has been a surge in donations to temples immediately after the announcement.
Mumbai: State-run lender Dena Bank today hiked interest rates on fixed deposits in various time buckets with immediate effect.For retail term deposits in 7-45 days maturities interest rates have been increased by 100-175 points, the
New Delhi: State-owned Punjab National Bank (PNB) on Tuesday revised interest rate on fixed deposits by up to 0.5 per cent on various maturities."For deposits less than Rs 1 crore having maturity between 7-14 days,
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