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 | Feb 18, 2025 | Banking, Utkarsh Small Finance Bank
There is a great opportunity for investors to earn high returns on their Fixed Deposits (FDs) with three banks, including Utkarsh Small Finance Bank (SFB). The banks are offering annual returns of up to 9.5% interest per annum, making it an attractive option for those... by newsworm | Feb 18, 2025 | Banking, Suryoday Small Finance Bank, Utkarsh Small Finance Bank
Senior citizens who have opted for the old tax regime can benefit from tax relief on the interest earned on Fixed Deposits (FDs) under Section 80C of the Income Tax Act. However, those who have chosen the new tax regime will not be eligible for tax relief on FD... by newsworm | Feb 17, 2025 | Banking, Jana Small Finance Bank, RBI, Suryoday Small Finance Bank, Utkarsh Small Finance Bank
For senior citizens looking to invest in a Fixed Deposit (FD), this may be a good opportunity to do so, as some banks are still offering attractive interest rates. Although the Reserve Bank of India (RBI) recently cut its repo rate by 25 basis points, some banks are...