FD rates for 3 years tenor: Check what SBI, HDFC, ICICI and other banks are offering

FD rates for 3 years tenor: Check what SBI, HDFC, ICICI and other banks are offering

New Delhi: More and more Indians are looking to invest their money nowadays in some schemes instead of just keeping it in their bank account. The schemes with their lucrative rate of interest help them to increase the money. One of the most favoured investment options in recent years has been the Fixed Deposit (FD). … Read more

Rate cut now could be ‘risky, premature’, warns RBI governor

Rate cut now could be ‘risky, premature’, warns RBI governor

Hoping for lower EMIs (equated monthly instalments) on home loans, car loans and personal loans, if you were pinning your financial planning on a rate cut decision by the Reserve Bank of India (RBI) in the next MPC (monetary policy committee) meeting or sometime in the near future, go back to your drawing board again. … Read more