If you need to withdraw your fixed deposit (FD) before the maturity date, you may be subject to a penalty. Banks in India, such as SBI, HDFC Bank, ICICI Bank, PNB, Canara Bank, Yes Bank, and Bank of India, impose penalties for...
Read MoreThe Indian government’s Digital Life Certificate (DLC) campaign has been a success, with over 77 lakh DLCs issued so far. The campaign, which aims to make life easier for pensioners, was launched two weeks ago and has...
Read MoreFor senior citizens seeking a guaranteed fixed income, fixed deposits (FDs) from leading banks are a popular choice. SBI, HDFC Bank, and Canara Bank offer competitive interest rates for senior citizens, making FDs a reliable...
Read MoreAccording to Zee Business, here are the general public FD rates offered by major Indian banks: * State Bank of India (SBI): 2.90% to 6.20% for general public with a minimum deposit of Rs. 1,000 and a maximum of Rs. 5 crore. *...
Read MoreThe Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government-sponsored program that aims to ensure financial inclusion by providing banking services to all citizens. However, to maintain security and comply with regulatory...
Read MoreThe article compares the interest rates offered by various Indian banks on fixed deposits (FDs). HDFC Bank, SBI, ICICI Bank, Canara Bank, and other banks are listed, allowing readers to compare their interest rates. The article...
Read MoreFixed Deposits (FDs) are a reliable investment option in India, offering guaranteed returns and stability. Major banks, both public and private, offer varying FD interest rates. Currently, most banks offer higher rates for...
Read MoreCanara Bank has alleged that Anil Ambani’s Reliance Communications (RCom) and its subsidiary misappropriated a loan of Rs 1,050 crore (approximately $140 million) in 2017, meant for capital expenditure and debt repayment....
Read MoreFixed deposit (FD) interest rates offered by public and private banks in India vary. To make an informed investment decision, it’s recommended to compare rates offered by different banks. The analysis covers top private...
Read MoreCanara Bank has classified the accounts of Reliance Communications (RCom) and Reliance Telecom as fraud, as part of the ongoing insolvency process. The bank has filed a complaint with the National Company Law Tribunal (NCLT)...
Read MoreThe Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government-led initiative to provide banking services to every household in the country. One of the key features of PMJDY is the Jan Dhan account, which allows individuals to open...
Read MoreSeveral Indian banks have increased their marginal cost of lending rates (MCLRs) in November 2024, effective from various dates between November 1st to November 12th. The MCLR is the minimum interest rate a bank needs to charge...
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