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SBI cuts fixed deposit rate on select maturities by 0.5%

Last Updated: Tuesday, July 15, 2014, 15:09

Interest rate on fixed deposits between 7-179 days has been reduced to 7 percent from 7.5 percent.

Canara Bank hikes deposit rates by 0.50%

Last Updated: Friday, November 08, 2013, 14:47

Taking cue from other lenders, state-run Canara Bank on Friday hiked interest rates on fixed deposits by up to 0.50 percent.

SBI cuts interest rate on bulk FD by 0.25% on select tenor

Last Updated: Monday, June 03, 2013, 21:42

State Bank of India (SBI) on Monday announced reduction in interest rate on fixed deposits of maturity up to one year by 0.25 percent to 7.25 percent.

SBBJ cuts FD rates by up to 1% in select maturities

Last Updated: Friday, April 05, 2013, 15:14

State Bank of Bikaner and Jaipur on Friday slashed interest rates across select maturities by 0.25-1 percent for fixed deposits.

PNB raises fixed deposits rates by up to 1.25%

Last Updated: Friday, March 01, 2013, 14:11

State-owned Punjab National Bank on Friday raised interest rates on fixed deposits of select maturities by up to 1.25 percent.

SBI raises fixed deposit rates by 0.25%

Last Updated: Wednesday, February 27, 2013, 13:05

Of the total 9 maturity periods for fixed deposits, rates have been revised upwards in 4 categories with maturities of over one year.

High interest rates coming in way of equity culture: Experts

Last Updated: Sunday, February 10, 2013, 21:27

"One of the reasons for equity culture not developing to desired levels is the high interest rate scenario in the country. A high interest rate environment makes people relatively relaxed and complacent, when it comes to making investments," global banking giant Citigroup's Head of Markets (South Asia) Pankaj Vaish said.

Sebi for FDs, insurance, postal savings in demat format

Last Updated: Saturday, October 06, 2012, 22:41

To expand the list of asset classes which can be held in demat form, Sebi said, it has decided to initiate steps that would enable an investor to view the details of his holdings and transactions across all asset classes through a single consolidated statement.

OBC reduces fixed deposits rates by up to 0.5%

Last Updated: Friday, September 07, 2012, 17:21

State-owned Oriental Bank of Commerce (OBC) Friday slashed fixed deposit rates on select maturities by up to 0.5 percent in line with several other banks including SBI.

Bank of India revises rates for fixed deposits

Last Updated: Tuesday, August 28, 2012, 18:35

Bank of India has raised its interest rates by up to 1.5 percent for fixed deposits of up to Rs 1 crore on select maturities.

Banks to take call on fixed deposit rates after policy review

Last Updated: Monday, June 11, 2012, 18:27

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.

RBI asks co-op banks to formulate norms for conversion of FDs

Last Updated: Monday, May 28, 2012, 21:22

Reserve Bank on Monday permitted cooperative banks to formulate policies to check the practice of premature conversion of fixed deposits into other deposit schemes by customers with a view to obtaining higher interest rates.