by newsworm | Mar 12, 2025 | Banking, Jana Small Finance Bank, RBI, Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
In response to the Reserve Bank of India’s (RBI) recent 25 basis points repo rate cut, investors are seeking high-yield fixed deposit (FD) schemes. Small finance banks have emerged as a promising option, offering interest rates as high as 9% per annum for... by newsworm | Mar 11, 2025 | Au Small Finance Bank, Banking, Jana Small Finance Bank, RBI, Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
In the wake of the Reserve Bank of India’s recent 25-basis-point repo rate cut, investors are actively seeking fixed deposit (FD) schemes with attractive returns. Small finance banks, established to promote financial inclusion, are now offering interest rates as... by newsworm | Mar 11, 2025 | Banking, Equitas Small Finance Bank, Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
The article provides an update on the highest fixed deposit (FD) rates offered by small finance banks in India, also known as niche or sectoral banks. These banks are allowed to operate in specific sectors, such as agriculture, microfinance, or retail, and offer... by newsworm | Mar 1, 2025 | Banking, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has recently revised its fixed deposit (FD) interest rates for deposits of up to Rs 3 crore. The bank has also updated its savings account interest rates. According to the bank’s website, the revised FD interest rates range from 3.75%... by newsworm | Feb 26, 2025 | Banking, DCB Bank, RBI, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
The Reserve Bank of India (RBI) has recently reduced the repo rate by 0.25%, the first time in five years, which is expected to impact fixed deposit interest rates. This is significant for senior citizens who rely on bank deposits to finance their post-retirement... by newsworm | Feb 25, 2025 | Banking, City Union Bank, DCB Bank, RBI, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
The Reserve Bank of India’s recent 0.25% reduction in the repo rate has led to a significant drop in fixed deposit (FD) interest rates. Six small finance banks, including Ujjivan Small Finance Bank, Suryoday Small Finance Bank, City Union Bank, Shivalik Small...