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Bank FDs to fetch poor interest; PPF, NSC rates set to fall

Bank FDs to fetch poor interest; PPF, NSC rates set to fall

Interest rate on various small savings like PPF, NSC and Post Office savings are set to fall as the government is contemplating reduction in rates.

PNB cuts fixed deposit rates by 0.25%

State-owned Punjab National Bank Thursday reduced interest rate on fixed deposit by 0.25 percent on select maturities, a moves which is seen as precursor to cut in the lending rate.

SBI's new fixed deposit rates effective from Thursday

Anticipating a lower credit offtake than what was expected, State Bank of India (SBI) has revised its fixed deposit rates Thursday onwards.

Punjab National, Canara Bank raise FD rates by up to 0.5%

The increase in fixed deposit rates may lead to a hike in lending rates sooner or later.

Bank of Baroda raises fixed deposit rates by up to 0.50%

State-owned Bank of Baroda (BoB) Monday raised fixed deposit rates on select maturities by 0.50 percent, reflecting the tightening of liquidity conditions.

HDFC Bank, Axis Bank raise fixed deposit rates by up to 4%

Country's second largest private sector lender HDFC Bank has raised fixed deposit rates by 1 percent for maturities between 15 days to 6 months one day effective July 27, as per information available on its website.

OBC cuts fixed deposit rates by up to 1%

State-owned Oriental Bank of Commerce (OBC) Thursday slashed fixed deposit rates by up to 1 percent on select maturities.

BoB revises fixed deposits rates by up to 0.25%

State-owned Bank of Baroda (BoB) today revised fixed deposits rates by up to 0.25 percent on select maturities.

Banks to take call on fixed deposit rates after policy review

Mid-size public sector banks would wait till the mid-term policy review by the Reserve Bank of India before taking a call on reducing interest rates on fixed deposits, top officials said Monday.

SBI stock slips 1.62% in early trade on raising FD rates

Shares of country's largest lender State Bank of India (SBI) on Wednesday fell 1.62 percent in early trade on the BSE, after it raised fixed deposit rates on select maturities by up to 1 percent.

SBI hikes fixed deposit rates by up to 1%

Country's largest lender SBI Tuesday raised fixed deposit rates on select maturities by up to 1 percent, amid tight liquidity situation.

Bank of India raises fixed deposit rates by up to 0.75%

State-owned Bank of India Wednesday announced increasing fixed deposit rates of select maturities by up to 0.75 percentage point.

Federal Bank hikes interest rates on fixed deposits

South-India based Federal Bank on Wednesday hiked interest rates on fixed deposits by up to 0.25 percent based on maturity period.