Senior citizens can earn up to 8% interest rate on 5-year fixed deposits; compare the top FD rates offered by public, private, and small finance banks

Senior citizens can earn up to 8% interest rate on 5-year fixed deposits; compare the top FD rates offered by public, private, and small finance banks

For senior citizens seeking stable and fixed income, there are still attractive fixed deposit (FD) options available, despite many leading banks and small finance banks slashing their FD interest rates. Currently, a few banks offer FD rates of up to 8% on their...
Small Finance Banks Poised for 24% Surge: The Future Challengers to HDFC Bank’s Throne?

Small Finance Banks Poised for 24% Surge: The Future Challengers to HDFC Bank’s Throne?

The small finance bank (SFB) sector in India is experiencing significant growth, with loan books expanding at a compound annual growth rate (CAGR) of 20-25%. This growth is driven by lending to small businesses, housing, and vehicles, as well as an increase in deposit...
Senior citizens can earn up to 8% interest rate on 5-year fixed deposits; compare the top FD rates offered by public, private, and small finance banks

Don’t miss out! Invest now in these small finance banks that offer high-yield fixed deposits with attractive interest rates

Small finance banks (SFBs) are emerging as a lucrative option for investors seeking higher interest rates on fixed deposits (FDs). While large banks offer interest rates ranging from 6.25% to 6.45%, SFBs are offering returns between 7.1% to 7.77%. This significant...