fixed deposits

Savings bank deposits drop while FDs increase in banks

Bank savings deposits decreased by ₹54,021.77 crore, while FDs increased by ₹1,16,218.25 crore.

YES Bank raises interest rate on NRE and FCNR fixed deposits

Interest rates on Non-Resident External Account (NRE) fixed deposits have been raised by 50 to 75 basis points (bps).

PNB raises interest rates on FDs by up to 20 BPS

The PNB website states that the new, higher interest rates will take effect on August 17, 2022.

Axis Bank increases interest rate on FDs in this period

The bank increased interest rates on fixed deposits with maturities between 17 and less than 18 months after the revision.

Yes Bank updates fixed deposit rates, Details here

Yes Bank, a private sector bank is offering fixed deposits (FD) to both regular and senior citizens. An FD account can be opened with a minimum deposit of Rs 10,000 for a tenure of 7 to 10 years.

Jana Small Finance Bank extends overdraft against fixed deposits to all customers