There are two methods by which banks calculate the penalty on premature withdrawal of FD. The method of premature withdrawal ...

Many banks have ended their special FDs with the start of the new financial year. However, there are still many banks whose ...

The Reserve Bank of India's relatively relaxed final guidelines on banks' liquidity coverage ratio (LCR) is expected to free ...

For the first time in six years, the Bank of ... will collect interest at an annual rate of 0.1 percent on the deposit excess. The monetary policy is aimed to encourage banks to use their funds ...

the largest bank in India – State Bank of India (SBI) – has cut its interest rate on fixed deposits (FDs) by 10 basis points. On an FD of one year, SBI has cut fixed deposit (FD) by 10 basis ...

lowering home and personal loan interest rates. Other banks are expected to follow suit, with HDFC Bank already cutting savings account rates. Effective April 15, deposit rates have been revised ...

SBI reintroduced its 444-day 'Amrit Vrishit' scheme, effective April 15, 2025. SBI also cut FD rates by 10 basis points.

SBI, the country’s largest bank, has cut FD rates by 10 basis points while Bank of India has reduced rates ... Amrit Kalash – which offered 7.10% interest rate for 400 days, with effect ...

the Bank of India (BoI) has reduced interest rates on its short- and medium-term FDs for various maturities with effect from April 15, 2025. The bank has reduced its rate for fixed deposits for ...

FD rates: Bank of India has announced the withdrawal of its special 400-day fixed deposit scheme, which offered an interest rate of up to 7.30%. This decision is part of a broader adjustment in ...

Earlier, Shivalik Small Finance Bank used to offer FD interest rates ranging from 3.5% to 8.30% for the general citizens and from 4% to 9.05% for senior citizens on FD amounts below Rs 3 crore, with ...

Indian Bank announced a reduction in its Repo Linked Benchmark Lending Rate from 9.05 % to 8.70 % effective April 11. The RBLR is being reduced by 0.35% (35 basis points), directly reflecting the ...