Term Deposit

The Times of India  Feb 8  Comment 
City based Corporation Bank has launched two new term deposit schemes, namely super gain plus and power plus effective February 5 which offer higher rate of interest to depositors.
The Hindu Business Line  Jan 22  Comment 
Vijaya Bank has cut its term deposit interest rates for different maturity periods. The reduction ranges from 0.1 per cent to 0.25 per cent and will come into effect from Friday (January 23), the...
The Hindu Business Line  Nov 17  Comment 
This fiscal, you can deposit ₹1.5 lakh in a bank term deposit and get income-tax benefits on it. This follows the Finance Ministry notifying a higher limit under bank term deposits for drawing inc...
Yahoo  Oct 28  Comment 
The Federal Reserve awarded $219.114 billion of seven-day term deposits to banks, a record amount, at a test auction held on Monday, it said in a statement on Tuesday. This compared with the $171.86 billion in deposits awarded a week earlier to 66...
Yahoo  Oct 21  Comment 
The Federal Reserve awarded a record amount of seven-day term deposits to banks at a test auction held on Monday, it said in a statement on Tuesday. This compared with the $110.03 billion in deposits awarded a week earlier to 67 banks which...
The Times of India  Sep 17  Comment 
The country's largest lender State Bank of India (SBI) has brought down its peak interest rate on domestic term deposits between one and three years to 8.75% from 9% earlier.
The Hindu Business Line  Jul 16  Comment 
Lakshmi Vilas Bank has revised the term deposit rate for a time period of one year and above with effect from July 18. The bank is at present offering 9.5 per cent for deposits with tenur...


A deposit held at a financial institution that has a fixed term. These are generally short-term with maturities ranging anywhere from a month to a few years. When a term deposit is purchased, the lender (the customer) understands that the money can only be withdrawn after the term has ended or by giving a predetermined number of days notice.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki