ICICI Bank hikes interest rates on FDs by up to 60 bps
FDs with tenure of over 15 months will fetch 7% interest.
fixed deposit
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Bank FDs vs liquid funds: Which is a better investment?
Experts are not convinced that the rise in fixed deposit interest rates makes them a good investment compared to liquid funds.
HDFC Bank vs ICICI Bank vs SBI: Check new FD interest rates here
Here's a detailed comparison of fixed deposit interest rates offered by India's top three banks.
ICICI Bank hikes interest rates on fixed deposits
As per the bank's website, fixed deposits with maturity ranging from five years and one day to 10 years will fetch 5.60% interest.
Is it time for higher interest on bank FDs soon?
Investors should not get swayed by the minor rise in interest rates on bank fixed deposits as inflation hardening may lead to rate revision.
Nikhil Kamath on why banks don’t attract money
As the Reserve Bank of India has kept key rates unchanged, fixed deposit rates at banks are at a historic low. As a result, banks have lost their power to attract money, says Zerodha’s Nikhil Kamath.
