by newsworm | Mar 14, 2025 | Banking, Equitas Small Finance Bank, Utkarsh Small Finance Bank
Small Finance Banks (SFBs) were introduced in India to promote financial inclusion and offer competitive interest rates to customers. These banks offer fixed deposits (FDs) with attractive interest rates, including those with a rate of 9% or higher. Here are some of...
by newsworm | Mar 14, 2025 | Banking, Equitas Small Finance Bank, Jana Small Finance Bank, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
The article discusses the highest fixed deposit (FD) rates offered by small finance banks in India, which are often referred to as “small finance banks” or “NBFCs” (non-banking financial companies). These banks are allowed to operate as banks...