Pune (Maharashtra) [India], November 10 (ANI/NewsVoir): The fixed deposit has been a trusted, go-to investment for the risk-averse investor, and the recent hike to the FD rates only make it more attractive.
Pune (Maharashtra) [India], October 11 (ANI/NewsVoir): Senior citizen FD rates are usually higher than regular fixed deposits to offer retirees the chance to earn a steady income. Since FDs are safe and stable investments unrelated to market fluctuations, seniors can invest their life savings without risk.
Mumbai (Maharashtra) [India], July 16 (ANI): Private sector lender YES Bank has decided to impose a higher penalty on premature withdrawal from fixed deposits (FDs) effective from August 8.
Pune (Maharashtra) [India], July 9 (ANI/NewsVoir): Investors may be keen to swap risk for fixed returns due to global events that have increased uncertainty and market volatility. For instance, the Bajaj Finance Fixed Deposit eliminates the "fear factor" because its rewards are unrelated to market performance. It provides FD rates up to 7.75 per cent p.a. The FD offers several advantages, such as adjustable investment tenors, CRISIL AAA/STABLE and (ICRA)AAA(Stable) rating, senior citizen discounts, monthly investment options like SDP, and more.
Pune (Maharashtra) [India] June 21 (ANI/NewsVoir): Fixed deposits are investments made for a fixed period decided at the investing time. During this time, you earn periodic returns that are calculated based on the interest rate offered by issuers. FD rates play a significant role in determining your returns on the investment. The type of fixed deposit you choose, the investment tenor and your payout options also help determine your earnings.
Pune (Maharashtra) [India], May 2 (ANI/NewsVoir): For many investment options, market volatility affects the returns, but this is not the case with fixed deposits.
Bhubaneswar (Odisha) [India], March 28 (ANI): Odisha's vigilance department registered its highest-ever cash seizure when it recovered Rs 1.36 crore along with 1.2 kg of gold from a superintendent engineer (SE), rural works.
New Delhi [India], February 16 (ANI): The country's largest lender State Bank of India (SBI) has increased interest rates on fixed deposits (FDs) by up to 15 basis points or 0.15 per cent with effect from February 15, 2022.
Mumbai [India], January 15 (ANI): State Bank of India, the country's largest lender, on Saturday increased interest rates on fixed deposit (FD) by upto 10 basis points or 0.10 per cent.