Browsing Tag

fd rates

Time for banks to increase FD rates rather than asking for tax breaks from govt: Ajay Bagga

Jason Junior Dec 7, 2022 0

"What will happen if the government agrees is that there will be a captive segment which will be putting this 5 lakhs and the banks will end up giving 2.5-3% to them," says Ajay Bagga,…
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Business

FD rates: Corporate FD rates move higher, some offer 175-300 bps more than banks

Jason Junior Jun 16, 2022 0

Mumbai: Leading finance companies have begun raising interest rates on their deposits as the Reserve Bank of India has signalled tighter monetary policy in the months ahead in the wake…
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Business

Watch out! A mean reversion is likely on the rate front

Jason Junior Apr 13, 2022 0

Headlines in newspapers state that the yield for 10-year government securities or G-Sec has crossed 7%. An online search shows State Bank of India (SBI)’s fixed deposit for 5-10 years…
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