THESE 4 special tenure fixed deposits offering higher interest rates to discontinue on March 31. Check details | Mint

At the time of opening a fixed deposit (FD), it is advisable to compare the interest rates offered by different banks. Importantly, some banks have started to slash their rates in the wake of RBI cutting benchmark repo rate after nearly five-year hiatus. Even a tiny difference – say of 50 basis points– can lead … Read more

These 2 banks cut their FD interest rates in Feb after RBI’s repo rate cut. Check details | Mint

Early this month, Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, a few banks have followed suit. A couple of banks have cut their interest rates on term deposits, albeit marginally. It is even recommended that the depositors who want to lock their savings in fixed deposits can do … Read more