DARK SECRETS: Fd | Vintage Vibes

Can banks raise FD interest rates now as RBI increases repo rate by 25 bps?

RBI MPC October 2026: The Reserve Bank of India has increased the repo rate by 25 bps from 5.25% to 5.50%, signaling a shift. Following this decision, banks are expected to raise fixed deposit interest rates in the near future. Retail inflation has been rising, indicating that further hikes may…

The Economic Times · 11h ago

FD rates up to 8.50% for senior citizens on 5-year deposits; Check the list of banks

FD interest rate for senior citizents: Senior citizens can take advantage of attractive fixed deposit interest rates from various banking institutions. For instance, Suryoday Small Finance Bank shines by offering an impressive 8.50% on five-year fixed deposits, while DCB Bank provides a commendable 8%.

The Economic Times · Oct 3

Gujarat's Kutch Kadva Patidar Samaj offers Rs 50,000 FD to parents for having a third child amid population concerns

Kutch Kadva Patidar Samaj has initiated a scheme to encourage families to have a third child. Parents who have a third child will receive Rs 50,000 as a fixed deposit. Community leaders are concerned that younger couples are choosing to have fewer children or remain childless. They believe this initiative…

The Economic Times · Sep 24

Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?

Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from small savings schemes and government securities. Deposit growth has slowed while credit demand has climbed significantly in recent months. This widening gap may compel banks to attract more deposits through…

The Economic Times · Aug 3

Planning to invest over Rs 10 lakh in fixed deposits? Here are 4 benefits of splitting your money across multiple FDs

Investors face a choice between single and multiple fixed deposits for large sums. Splitting deposits offers better liquidity and increased insurance coverage. FD laddering allows reinvestment at prevailing interest rates for potential gains. Managing multiple FDs requires more effort and careful tracking of renewals.

The Economic Times · Jul 31

Senior citizen FD rates 2026: Use an FD calculator to maximise your retirement returns

Senior citizens can earn up to 7.75% p.a. on Bajaj Finance fixed deposits. An online calculator helps estimate maturity amounts for retirement planning. These deposits offer additional benefits for investors aged sixty and above. The highest safety ratings ensure timely payment of interest and principal. Booking a senior citizen fixed…

The Economic Times · Jul 28

How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?

HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to nineteen times their initial deposit amount. The potential for amplified returns arises from the spread between deposit earnings and borrowing costs. However, this leverage strategy carries risks if borrowing costs…

The Economic Times · Jul 20

'₹80K in FD, ₹40K in F&O': Ankur Warikoo shares story of 26-year-old 'caught between two generations' definitions of financial independence'

Entrepreneur Ankur Warikoo sparked a debate by highlighting a 26-year-old's financial dilemma: a low-return fixed deposit advised by his father versus high-risk futures and options trading influenced by friends. This situation underscores a generational clash in defining financial independence, leaving many young investors caught between traditional advice and speculative trends…

The Economic Times · Jul 2

Bank failed to return Rs 5 lakh FD after maturity; Kerala HC directs bank to repay FD with 12% interest and Rs 10,000 compensation

The Kerala High Court has ruled that a bank dealing with public funds owes a duty to its depositors to make prompt payment of the funds deposited by them. This judgement came against the background of a case filed by a man from Thrissur whose grievance was that his Rs…

The Economic Times · Jun 28

Didn’t report FD interest in your ITR? Here’s how you can still correct the mistake

Missed reporting your Fixed Deposit interest in your Income Tax Return? Don't worry, you can still fix it. The Income Tax Department receives FD interest details, so omissions can be flagged. Filing an Updated Return (ITR-U) within four years allows you to declare missed income and rectify errors, though additional…

The Economic Times · Jun 27