Fixed Deposits (FDs) are generally safer than many other investment options, but they are not entirely risk-free. On fixed ...
Fixed Depsit rates: In December 2024, several banks, including Federal Bank, Karnataka Bank, Equitas Small Finance Bank, RBL Bank, and Bank of Maharashtra, changed their fixed deposit interest ...
Although higher interest rates make borrowing more expensive, they also mean higher yields on savings accounts, and savers can still make the most of elevated interest rates. See ...
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
After holding rates between 5.25% and 5.50% for nearly 14 months—the highest level in 23 years—this latest cut lowers the Fed’s benchmark interest ... rate forecast for 2024, now forecasting ...
The nation's central bank cut interest rates in its final decision of 2024. On Wednesday ... The decision fell in line with market predictions that estimated a rate cut was overwhelmingly likely ...
HDFC Bank: On a 3-year fixed deposit, this private lender offers 7 percent interest rate to regular citizens and 7.5 percent to senior citizens. These rates came into effect on July 24 ...
Punjab & Sind Bank and IDBI Bank are offering special fixed deposit (FD) schemes with higher interest rates until December 31, 2024. IDBI's Utsav FD offers rates up to 7.85% for senior citizens.
Equitas Small Finance Bank has also revised FD interest rates for amounts less than ₹3 crore, effective from December 2, 2024, offering interest rates between 3.50% and 8.25% for general ...
Although the interest rates in fixed deposits have lowered in the past decade there are schemes offered by both the public sector and private banks which offer a handsome return over up to 8.5 per ...