Yes Bank Increased Penalty Rates for Premature Withdrawal of Fixed Deposits
Private sector lender Yes Bank has increased penalties for premature withdrawal of fixed deposits. According to the bank’s website, the new fines will take effect...
Tag : Fixed Deposits
ED Seizes Assets Worth Rs 758 Crore From Amway India in Money-Laundering Probe
The Enforcement Directorate (ED) seized assets worth Rs 758 crore belonging to direct selling company Amway India Enterprises Pvt. This is concerning a money-laundering probe...
SEBI Slaps Rs 25 Crore Fine on Yes Bank
The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 25 crore on Yes bank and three senior executives of its...
ICICI Bank Cuts Interest Rate on Deposits of Savings Account
Private sector lender ICICI Bank has cut interest rate on savings bank account deposits by 25 basis points (bps) to 3 per cent. The new rates will...
Kotak Mahindra Bank Revised Fixed Deposit Rates
Kotak Mahindra Bank has revised interest rates on fixed deposits (FDs) days after RBI reduced repo rate earlier this month. Kotak Mahindra Bank’s new FD rates...
SBI hikes interest rates on fixed deposits
State Bank of India (SBI), has hiked its interest rates on fixed deposits, effective Monday. The revised rates are applicable to various maturities and amounts and will...
SBI increases rates on short to medium term fixed deposits
SBI has increased interest rates on its retail fixed deposits for short to medium term by up to 25 bps. This has come into effect...
SBI increases rates on fixed deposits over two years
SBI has raised its deposits rates, on deposits over two years for retail customers and also in 1-2 years category for deposits over Rs.1 crore....
Punjab National Bank cuts the fixed deposit interest rates by 0.25%
On Thursday the state owned Panjab National Bank reduced interest rate on fixed deposit by 0.25% on select maturities. In a statement PNB said ,”The...