IDBI Bank has reduced its retail term deposit rates (deposits up to an amount less than Rs 1 crore) in two short-term maturity buckets. The bank’s retail deposit rates in two short-...
So you’re a self-funded retiree cursing the Reserve Bank for cutting interest rates. Don’t. If the RBA has forced you to realise your term deposits are duds, the mandarins have done you a favour.
Oriental Bank of Commerce (OBC) has increased the interest rates on term deposits of less than Rs 1 crore.
The hike has been effected across different maturity buckets of less than 1 year...
On Monday, January 14, 2013, the Federal Reserve will offer $3 billion in 28-day term deposits through its Term Deposit Facility. As noted in the Federal Reserve Board's September 8, 2010 release, this offering is part of ongoing small-value...
Allahabad Bank has launched a special short term deposit scheme - AllBank Liquid Term Deposit Scheme, effective September 17.
Under this scheme, deposits r...
IDBI Bank has launched a floating interest rate retail term deposit (FRTD). The rate of interest on the FRTD will move in tandem with a reference rate, which is the average yield at the...
The Reserve Bank of India has removed restrictions imposed on banks which earlier prevented lenders from levying penalty on customers for foreclosure of some term deposits.
Lakshmi Vilas Bank has decided to effect a downward revision of 25 to 50 basis points in its domestic term deposit rates across various time slabs.
The revised rates would be with effect...
Vijaya Bank has increased the interest rates on domestic term deposits and NRE term deposits effective April 1. A press release from the bank said that senior citizens will get an additi...
State Bank of Travancore has sharply hiked the interest rate of the recently launched ‘SBT FlexiMax’ term deposit scheme.
The per annum interest rate for single deposits of Rs 15 lakh and...
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