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Currently, Punjab and Sind Bank is giving the highest interest rate on fixed deposits to both general and senior citizens as compared to other public lenders.
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Yes Bank's big jolt to depositors ahead of the festive season! The private lender has reduced fixed deposit interest rates.
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IndusInd Bank will give 7.85 per cent RoI on fixed deposits of 1 year 6 months to below 1 year 7 months.
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HDFC Bank account holders will now be able to earn highest interest rate of only 7.20 per cent on fixed deposits.
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Currently, DCB Bank is giving the highest interest rate on fixed deposits to both general and senior citizens. Barring Small Finance Banks, no other private bank is giving as much interest rate on fixed deposits as DCB Bank is giving.
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According to the Constitution of India, RBI has liability towards Rs 2,000 bank notes. And hence, unless and until the government enacts a new law that extinguishes the RBI’s liability towards the Rs 2,000 currency notes, the apex bank, cannot deny any citizen from returning back the Rs 2,000 currency notes.
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The Reserve Bank on Monday said it has imposed penalties on three state-owned banks, including SBI and Indian Bank, for violation of various regulatory norms
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The public lender gives the option of opening fixed deposits under the Amrit Mahotsav FD for two tenures. One is of 375 days and the other is of 444 days.
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Account holders can now earn as high as 7.25 per cent interest rate on fixed deposits with Kotak Mahindra Bank.
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Banks and lenders have initiated discussions with intelligence agencies to construct an intelligence-based early warning system to detect counterparty transactions in loan accounts.
