bank deposit rates

BANK DEPOSIT RATES NEWS

Savers & depositors, brace for a cut in deposit rates

April 10, 2025 2:22 pm

The weighted average domestic term deposit rates (WADTDRs) on fresh and outstanding deposits increased by 253 bps and 199 bps, respectively, during the recent tightening cycle, i.e., May 2022 to January 2025.

Deposit rates may remain steady as liquidity improves, inflation falls

June 02, 2023 9:07 am

The consumer price index-based inflation (CPI) or retail inflation eased to an 18-month low of 4.7 per cent in April 2023 from 5.7 per cent in the previous month. Last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said CPI for May could be even lower than the April print.

Should bank deposits be looked at after RBI's latest interest hike?

May 23, 2022 5:47 pm

Those customers who would require funds in the foreseen future or those who want an emergency fund may consider parking their money in bank deposits.

Check fixed deposit rates of SBI, HDFC Bank, ICICI Bank and Bank of Baroda

November 12, 2019 2:28 pm

We take a look SBI, HDFC Bank, ICICI Bank and Bank of Baroda and compare the term deposit rates that are being offered by them.

SBI lowers retail deposit rates

February 16, 2014 3:32 am

The bank currently offers an interest rate of 8.75 per cent for three to five year deposits and 8.5 per cent per annum for deposits exceeding five years.

NRE deposits jump on rupee,high rates

February 14, 2012 1:20 am

A combination of depreciated rupee and hike in the non-resident rupee account deposit rates by banks from around 3.8 per cent to up to 9.5 per cent in December

High food inflation set to push up lending and deposit rates

January 11, 2011 1:51 am

Banks are bracing for another round of hike in loan and deposit rates. The unexpectedly high food inflation has convinced bankers that more rate hikes are in the offing. Food inflation was at 18.3% for the week ended December 25.

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