PhonePe has launched Fixed Deposit (FD) distribution on its platform in partnership with leading banks and NBFCs, expanding its financial services portfolio with a fully […]
Tag: fixed deposit
Bank fixed deposit (FD) interest rates could go up further, signals RBI
The intensifying competition among banks to expand their deposit base may force banks to increase fixed deposit rates going ahead, the Reserve Bank of India […]
First time in many years, fixed deposit rates turn positive at 8%
As banks’ chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, […]