Term Deposits

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  RBI Allows Minors Over 10 Years To Open Bank Accounts Independently

  The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.

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  Banks To Allow Premature Withdrawal On Term Deposits Of Up To 1 Crore: RBI

  The Reserve Bank on Thursday said banks will have to offer premature withdrawal facility on all term deposits of up to Rs 1 crore, raising the limit from Rs 15 lakh currently.

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  Interest Rates On Post Office Deposits, Savings Certificate Raised

  This is the second quarter of an increase in a row in interest rates for some schemes. This follows a status quo or unchanged rates for nine straight quarters.

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  Bajaj Finance's Fixed Deposit Rates Increased Up To 25 Basis Points

  For terms between 12 months and 24 months, Bajaj Finance is raising interest rates by up to 25 bps in an effort to entice more investors to choose this alluring investment choice.

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  Elon Musk to Be Questioned Under Oath in Twitter Lawsuit on September 26: All Details

  Twitter will depose Elon Musk in Delaware on September 26, in connection with the company's upcoming trial against the Tesla CEO to enforce the terms of the $44 billion (roughly Rs. 3,51,320 crore) deal to acquire the service. The microblogging platform will question Musk under oath on September 26 and September 27, but the deposition could contin...

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  Bank Of Baroda Raises Interest Rates On Deposits Below Rs 2 Crore

  Bank of Baroda has raised the interest rates on retail term deposits of below Rs 2 crore by up to 0.20 per cent. The new rates have come to effect from September 13, 2022.

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  Crypto Lender Voyager Digital Suspends Withdrawals, Trading, Deposits to Its Platform

  Crypto lender Voyager Digital announced the suspension of withdrawals, trading and deposits to its platform. The move is said to be in terms with the firm exploring strategic alternatives to preserve the value of its platform.

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  Bank Of Baroda Raises Interest Rates On Deposits

  Bank of Baroda has hiked fixed deposit interest rates on domestic term deposits

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  After RBI's Repo Rate Hike, State Bank Of India Raises Deposit, Lending Rates

  SBI said interest rates have been raised by 0.20 per cent on domestic term deposits of below Rs 2 crore for select tenors

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  RBI Cautions Co-operative Societies Against Using Term "Bank"

  RBI has cautioned people against co-operative societies which are using the word "bank" in their titles and accepting deposits from non-members

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  SBI Offers 0.15% Extra Interest Benefit On Some Fixed Deposit Accounts

  Under SBI's new term deposit plan, a customer will get an additional interest benefit of up to 15 bps or 0.15 per cent on term deposits for 75 days, 75 weeks, and 75 months tenors

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  RBI Provides Relaxation For Parking Unutilised ECB Proceeds In Term Deposits

  External commercial borrowings are simply commercial loans that are raised by eligible resident entities from recognised non-resident entities according to the Reserve Bank.

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  Himanta Biswa Sarma's Family Income Up By Over Rs 10 Crore In Five Years

  NEDA convenor and Assam finance minister Himanta Biswa Sarma has only Rs 25,000 in cash, bank term deposits of over Rs 50 lakh, and no bonds, shares or insurance policies.

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  SBI Offers These Interest Rate On Fixed Deposits Below Rs 2 Crore

  SBI Fixed Deposit interest rates: Currently, SBI offers retail domestic term deposits in eight options of terms, ranging from seven days to 10 years.

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  Credit Growth Of Banks Rose Marginally In Near Term: Report

  The bank credit growth has also been supported by disbursements under the ECLGS scheme which has been extended further till March 31, 202