Sep-2014: Latest Fixed Deposit Interest Rates in India

Fixed Deposit Interest Rates in India

Latest FD interest rates in India indicate that, in the last one month, banks have been reducing interest rates which is not a good sign for investors. One of the safest fixed income options for all investors is bank fixed deposit schemes. Many of us have been investing in these schemes either for short term or for the long term. Parking money with high Fixed Deposit Interest Rates would be out motive. Any interest rate reduction is a bad news […]

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Bank FD Rates in India in Dec-2013

Bank FD Interest Rates in India in Dec-2013

Bank FD Rates in India in Dec-2013 Last month, due to change in RBI monetary policy, we were expecting that banks would increase bank FD rates. Latest Bank FD rates in India indicate that there is an increase in interest rates in the last one month. While foreign banks and public sector banks increase the bank FD rates, few of private banks have reduced the rates. Positive movers Foreign banks: Citibank has increased the FD rates for 3 to 5 […]

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Latest Bank FD Interest Rates in India in Nov-2013

Latest Bank FD Interest Rates in India in Nov-2013

Latest Bank FD Interest Rates in India in Nov-2013 Latest Bank FD rates in India indicate that there is an increase in interest rates in the last few days. Due to recent change in RBI monitary policy, we were expecting that banks would increase bank FD rates. Important point is that majority of public sector banks have increased the  FD rates. Positive movers Foreign banks: There are no changes in FD rates offered by foreign banks. Private Banks: Yes Bank […]

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Latest Bank FD Interest Rates in India-Oct-2013

Latest Bank FD Rates in India-Oct-2013

Latest Bank FD Interest Rates in India-Oct-2013 Latest Bank FD rates in India indicate that there is an increase in interest rates in the last few days. Several tax free bonds like PFC, IIFCL and NHPC bonds have given tough competition to Banks as they were offering almost similar interest rates, but that comes tax free. Going forward, we expect that Bank FD interest rates may increase. Positive movers a) Foreign banks: After a long time, I am seeing that […]

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