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HIGH INTEREST FIXED DEPOSITS
FCNR bounty in Q2 masks bank issues in growing depositsAn analysis of 10 banks shows that reported deposit growth averaged 21.1% year-on-year during July-September. However, excluding the specia...
Bank loans against fixed deposits surge 53% to Rs 2.17 lakh crore on FCNR-B leverage playBy the close of September, loans against fixed deposits experienced a striking 53% year-on-year spike, reaching Rs 2.17 lakh crore. The dem...
PSU banks cut fresh deposit rates more sharply than private lenders in September: RBI dataIn September, public sector banks cut their interest rates on fresh term deposits by 10 basis points. Private sector banks only reduced the...
PNB credit card changes from November 1, 2026: Bank to revise Visa, RuPay card charges for ATM withdrawals, late payment fees, utility bill payments and morePunjab National Bank will implement revised charges for credit card services on November 1, 2026. Changes will include increased fees for c...
RBI hikes FRB 2034 interest rate to 7.26%: How much can you earn on Rs 5 lakh investment?The Reserve Bank of India has declared a new interest rate of 7.26% per annum for the Government of India Floating Rate Bond 2034, reflecti...
Gold bond turns Rs 1 lakh investment into Rs 3.76 lakh: Check SGB premature redemption date, price and other detailsThe Reserve Bank of India has announced that the SGB 2019-20 Series VI will be eligible for premature redemption on October 30, 2026. The r...
Rs 36.4 lakh fraud in Post Office through NSC and term deposit: India Post employees convicted; Madhya Pradesh HC grants relief to depositorsEmployees at the Bina branch of India Post defrauded depositors out of Rs 36.4 lakh through forged documents. The Madhya Pradesh High Court...
City Union Bank shares rally 7% after Q2 net profit grows 27% YoY to Rs 416 CroreCity Union Bank shares rose sharply on Thursday after the lender reported a 27% year-on-year rise in Q2 FY27 net profit to Rs 416 crore. Ne...
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
ETMarkets Smart Talk: Bond yields may rise further over the next few months; avoid aggressive duration and credit bets: Suyash ChoudharyIn this episode of ETMarkets Smart Talk, Suyash Choudhary, CIO–Fixed Income at Bandhan AMC, explains why Indian bond yields could rise furt...
Latest FD interest rates after recent rate changes: ICICI Bank, Indian Bank, SBI and HDFC BankSeveral banks including ICICI Bank and Indian Bank have increased their fixed deposit interest rates recently. The Reserve Bank of India ra...
SBI Chairman CS Setty sees discretionary credit demand moderating, expects 50 bps rate hike in DecemberSBI chairman CS Setty expects higher interest rates to moderate credit demand in rate-sensitive sectors, particularly discretionary spendin...
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday KotakUday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned th...
FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...
ICICI Bank and Indian Bank increase FD interest rates: Senior citizens can now earn up to 7.30% in this FDICICI Bank and Indian Bank have raised fixed deposit interest rates for select tenures effective October 23, 2026. Indian Bank also adjuste...
SoFi targets idle crypto cash with interest-bearing tokenized depositSoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited...
Bank reduced interest on Rs 5.89 crore FD from 7.75% to 3.5% citing non-renewal; Delhi HC rejects arbitrary rate cut on this groundBank reduced FD rate from 7.75% to 3.5% citing non-renewal of court order FD upon maturity; Delhi HC rules banks cannot reduce such FD inte...