The good news for those who have recently paid off a loan and are awaiting their CIBIL score to reflect the same is that the Reserve Bank of India (RBI) has passed an amendment regarding the timely CIBIL score updates, reflecting repayment history more quickly. This change has come as a huge savior for thousands … Read more
Of late, much has been said about Indian currency notes, and particularly about the note of ₹100 which is most widely circulated. Rumors are doing the rounds on social media, and when these are so many, it is but natural that people seek clarification. In this context, the Reserve Bank of India (RBI) has acted … Read more
In today’s uncertain financial world, fixed deposits (FDs) continue to be a reliable and secure option for millions of Indian families. When it comes to safe investment choices, one name that brings trust and stability is the Bank of Baroda. As one of India’s leading public sector banks, it has announced updated FD interest rates … Read more
Do you look for a safe and rewarding way to invest some of your hard-earned savings? If financial security and stable returns are right at the top of your list, this latest fixed deposit offer from the State Bank of India (SBI) would be a good choice for you. SBI has altered interest rates on … Read more
With the kind of financial uncertainty that prevails, searching for safe yet good investments can be like looking for a needle in a haystack. Yet for many a Conservative, Fixed Deposits (FDs) remain one of the most respected investment havens, particularly those which are being currently marketed by some banks as special FD schemes offering … Read more
Recent cuts in repo rates by the Reserve Bank of India have resulted in falling interest rates for fixed deposits. This has naturally affected the income of senior citizens who are dependent on such investments for regular income. With major banks such as Bank of India ending the special 400-day FD scheme (interest rate of … Read more
Axis Bank has increased its Fixed Deposit interest rates, offering improved returns on savings for customers, ahead of the RBI Monetary Policy Committee (MPC) meeting in February 2025. With an anticipated repo rate cut from the RBI, Axis Bank has buzzed ahead of others in announcing FD rates to general investors as well as senior … Read more
HDFC Bank has announced the slashing of fixed deposit interest rates, which shall apply on some tenures for deposits under ₹3 crore up to 0.50 percent (50 basis points). The changes take effect from April 19, 2025. It is as per the merging change back of the repo rate by the Reserve Bank of India … Read more
Today, fast-paced economies operate where every rupee you earn gets eaten away by inflation. Hence, building your financial future requires investment discipline through sound savings schemes. The State Bank of India (SBI) Recurring Deposit (RD) Scheme is a stable, risk-free investment scheme with assured returns over any time. Whether you are a salaried individual, a … Read more
IDBI Bank has launched a fine-tuning announcement regarding fixed deposit (FD) interests, coupled with a new extension on the investment deadline under its specialty ‘Utsav Deposit’ scheme. The initial investment deadline for this scheme was April 30, 2025, and then this new date was extended, enabling investors more time to think it over. However, there … Read more