Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to ...

The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...

This private sector bank offers an interest of 7.90 percent per annum on 375-day deposit and 8 percent on 444-day deposit.

In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with ...