FD rate hike: These four banks increased rates on fixed deposits in ...

Dec 25, 2023 · Here are a list of four banks that have hiked interest rates on fixed deposits in December 2023 Bank of India hikes FD rates in December 2023. Bank of India hiked its fixed …

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These 5 Banks Revise FD Rates Ahead Of RBI's Rate Decision

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Dec 4, 2024 · Effective November 5, 2024, YES Bank revised its FD rates for amounts below Rs 3 crore, reducing the 18-month FD rate from 8% to 7.75% per annum. Regular customers will …

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FD Rates Hiked: SBI, Yes Bank & More Have Hiked Fixed Deposit …

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Jun 1, 2024 · On May 15, the State Bank of India (SBI), the nation's largest lender, set the tone by raising its FD interest rates by up to 75 basis points (bps) or 0.75% for deposits below Rs 2 crore.

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Fixed Deposit Interest Rates: FD Rates Hike: Will Banks Increase Fixed ...

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Sep 16, 2023 · FD rates hike: The bank credit rose 9.1% to Rs 124.5 lakh crore in April-August 2023, while bank deposits surged by 6.6% to Rs 149.2 lakh crore in the period. As a result, will …

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ICICI Bank, BOI, HDFC Bank, Yes Bank, Others Hike FD Rates Ahead …

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Dec 7, 2023 · Federal Bank Restructures FD Rates for Deposits. Federal Bank has also re-evaluated its deposit rates, offering a substantial 7.50% for a 500-day tenure for both resident …

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Yes Bank, Canara Bank Revise Fixed Deposit Interest Rates— …

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Dec 4, 2024 · A couple banks have increased their offering of interest rates ahead of the central bank's Monetary Policy meet this week. The highest offerings of Bank of Baroda of 6.85% in …

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Latest FD Rates: These Banks Offer 6-7% Interest On Fixed Deposits

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Oct 31, 2022 · ICICI Bank has increased interest rates on fixed deposits. On deposits maturing in 7 days to 10 years, interest rates have been hiked ranging from 3% to 6.20% for the general …

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Fixed Deposit: Bank FD Rates Have Gone Up, Should You Invest

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L eading banks such as SBI and HDFC Bank have increased their fixed deposit (FD) interest rates across tenors. SBI has increased FD rates by 75 basis points or bps (0.75%)—from …

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Get FD Interest Rates Up To 8.49%: 3 Banks Have Revised Fixed …

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Nov 27, 2024 · The bank offers fixed deposit interest rates between 3.50% and 7.99% for general citizens for FD tenures ranging from 7 days to 10 years. For senior citizens, the bank offers a …

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FAQs about FD rate hike: These four banks increased rates on fixed deposits in ... Coupon?

Which banks have hiked their fixed deposit interest rates?

Ahead of the Reserve Bank of India's (RBI) impending Monetary Policy Committee (MPC) announcement on December 8, 2023, several leading banks, including ICICI Bank, HDFC Bank, Bank of India, Federal Bank, and Yes Bank, have recently hiked their fixed deposit (FD) interest rates. ...

Is the high fixed deposit regime over?

There are speculations that the high fixed deposit regime may be over soon amidst chances that the Reserve Bank might consider starting rate cut as early as from December 2024. Last month, the US Federal Reserve cut interest rates by 0.50% and many central banks globally are considering softening their rates. ...

What are the highest FD interest rates?

Highest FD interest rates up to 8.49%: Fixed deposits are a liquid investment that can be prematurely withdrawn entirely or in part as needed. Here are some of the banks that have revised their fixed deposit interest rates in the last one week. Fixed deposit is one of the most popular and safest ways to build wealth. ...

Which bank has revised FD interest rates?

IDBI Bank also revised FD interest rates . IDBI Bank after the revision offers fixed deposit interest rates between 3% to 7% ( excluding special Utsav deposit) for general citizens on tenure ranging from 7 days to 10 years. For senior citizens, the bank offers interest rates between 3.50% to 7.50%. ...

Does IDFC First Bank offer fixed deposit interest rates?

IDFC FIRST Bank has revised fixed deposit interest rates on amounts less than Rs 3 crore, according to the bank website. The new FD interest rates are effective from November 26, 2024 onwards. The bank offers interest rates ranging from 3% to 7.90% on deposits maturing in 7 days to 10 years for general citizens. ...

What are the New FD interest rates?

The new FD interest rates, which came into effect on December 11, 2024, can be found on the bank's website. Following the revision, the bank now offers interest rates ranging from 2.75% to 7.35% on FDs (including special deposits) for regular citizens, and 2.75% to 7.85% for senior citizens. ...