A fixed deposit (FD) promises to offer a reliable, consistent, long-term return on investments. This financial tool allows you to deposit a lump sum of money for a fixed period, earning interest ...
Initial applications for US unemployment capped 2024 at an eight-month low, reflecting the relatively muted levels of job cuts in a labor market that has remained surprisingly resilient. New ...
The Reserve Bank of India has rolled out revised regulations for fixed deposits, applicable from January 1, 2025. These updates aim to enhance the depositor experience while ensuring regulatory ...
It is important to note that this provision also extends to existing deposit contracts that previously did not allow premature withdrawal rights within the initial three months. Notification of ...
New Fixed Deposit Rules 2025: The Reserve Bank of India’s revised regulatory framework for housing finance companies (HFCs) and non-banking finance companies (NBFCs) with respect to acceptance ...
Copyright 2025 The Associated Press. All Rights Reserved. Minnesota Vikings’ Justin Jefferson tries to get past Green Bay Packers’ Javon Bullard during the second ...
How safe are small finance banks? According to the AU Small Finance Bank website, "Like other types of banks in India, the RBI regulates and governs small finance banks. Therefore, all the banking ...
The deposited amount in the FD accrues interest at a fixed rate established upon opening the account. During its December MPC meeting, the Reserve Bank of India (RBI) opted to maintain the repo ...
Tesla and SpaceX CEO Elon Musk has gone viral online after asking an X user to "f*ck himself in the face" over a disagreement on the H-1B visa issue. The controversy began when X user Steven ...
According to the IDBI Bank website, “Bank will levy a penalty of 1%, on the applicable rate for deposits closed prematurely. Such closures include the withdrawals through sweep-ins and partial ...
With interest rates on the rise, investors are keen to find the best offers that can maximize their returns. Here’s a look at the top FD interest rates across different banks as of December 2024, and ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turkey’s central bank lowered its main interest rate for the first time in almost two years, pointing to ...