Utkarsh Small Finance Bank Revises FD Rates; Now Offers Up To 8.75%
Utkarsh Small Finance Bank has revised its fixed deposit interest rates for deposits of less than Rs2 crore.
MAS Team | 25 November 2022
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Senior Citizens Can Get 7.25% Interest on Bank of Baroda’s Special FD Scheme Called Baroda Tiranga Plus Deposit Scheme
Public sector lender Bank of Baroda has launched a special fixed deposit scheme called Baroda Tiranga Plus Deposit Scheme.
MAS Team | 05 November 2022
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SBI Hikes Fixed Deposit Interest Rates By up to 80 bps
The country's largest lender State Bank of India (SBI) on Friday has increased interest rates of its fixed deposits (FDs) by up to 80 basis points...
MAS Team | 22 October 2022
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PNB Housing Finance, Central Bank of India Revise FD Rates
PNB Housing Finance Limited, which is a registered housing finance company with National Housing Bank,
MAS Team | 08 October 2022
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Canara Bank Offers 7.5% Interest on Fixed Deposits Under Special Deposit Scheme
Bengaluru headquartered Canara Bank has introduced a special fixed deposit scheme that provides 7.50% interest rate.
MAS Team | 08 October 2022
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Interest Rates On Some Small Savings Schemes Increased For October-December
After keeping small savings rates unchanged for 27 months, the finance ministry has hiked interest rates on some of the small savings schemes for...
MAS Team | 30 September 2022
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HDFC Bank & IDBI Bank To End Senior Citizen Special Fixed Deposit Scheme From 1st October
Most of the main banks introduced Senior Citizens' Term Deposit schemes for senior citizens during the Covid-19 epidemic.
MAS Team | 24 September 2022
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Bajaj Finance, HDFC Hike FD Interest Rates
Bajaj Finance has hiked interest rates on fixed deposits (FDs) by 20 basis points across tenures. The new rates are effective from 1 July 2022.
MAS Team | 02 July 2022
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IndusInd Bank, DCB Bank, Federal Bank hike FD interest rates
Over the last two months many banks have increased fixed deposit (FD) interest rates. IndusInd Bank,DCB Bank and Federal Bank and have revised their...
MAS Team | 02 July 2022
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YES Bank Launches Floating Rate Fixed Deposits
Private sector lender Yes Bank on Tuesday announced the launch of floating-rate fixed deposit (FD) for domestic customers. In this new product, the...
MAS Team | 24 June 2022
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Yes Bank Hikes FD Premature Withdrawal Penalty
Yes Bank has stated on its website that it will impose a penalty charge for premature withdrawals for fixed deposits under 181 days.
MAS Team | 13 May 2022
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Mahindra Finance Launches Special Deposit Scheme With 20 bps Higher Interest Rate
Mahindra Finance has launched a Special Deposit Scheme aimed specifically at digitally affluent customers as a part of the company’s...
MAS Team | 26 February 2022
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Bajaj Finance, HDFC Hike Fixed Deposit Rates Ahead of RBI’s Policy Meet
In what could be interpreted as the first signs of a likely directional change in broader interest costs, Bajaj Finance and HDFC Ltd - India's market...
MAS Team | 03 December 2021
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IIFL Finance to offer up to 8.75% yield on latest debenture issue
Non-banking financial company IIFL Finance will be issuing non-convertible debentures of various maturities to raise up to Rs 1,000 crore.
MAS Team | 24 September 2021
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PPF, Sukanya Samriddhi interest rates unchanged for next 3 months
The Finance Ministry has decided not to revise the interest rates on small saving schemes for the quarter July-Sep 2021.
MAS Team | 03 July 2021
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EPFO: Interest Payment of 6 Million Subscribers Stuck due to Glitch
At least 6 million, or 10-12%, of Employee Provident Fund Organisation's (EPFO) subscribers will have to wait longer for their 2019-20 interest...
MAS Team | 19 February 2021
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Govt Discontinues 7.75% Taxable Retail Bonds from 28 May
The government will no longer sell its savings bonds that provided returns at 7.75 per cent (on a taxable basis), it said in a notification on...
MAS Team | 28 May 2020
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Debt markets may see rise in delinquencies and defaults; MFs at risk
As corporate earnings start to reflect the early pain from the coronavirus-induced lockdown, financial markets are yet to price in the deep impact,...
MAS Team | 09 May 2020
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Returns on PPF, NSC May be Lowered after RBI move
The government may be forced to lower interest rate on small savings schemes such as Public Provident Fund and NSC when it reviews them at the end of...
MAS Team | 06 September 2019
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Kisan Vikas Patra - Interest rate cut
The interest rate on KVP has been lowered to 7.6% for the September quarter, compared with 7.7% in the April-June period.
MAS Team | 26 July 2019
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