Fixed deposit: GK, Current Affairs, Questions, Trivia and News

ICICI Bank launches new fixed deposit scheme ‘FD Health’

The ICICI Bank has launched a new Fixed Deposit (FD) scheme – FD Health that provides the customer a complimentary critical illness cover of Rs 1 lakh from ICICI Lombard General Insurance Company on opening an FD of Rs 2 lakh to Rs 3 lakh for tenure of at least two years. For investors in ..

Axis Bank launchs a short-term online fixed deposit product “Express FD”

Axis Bank has launched a short-term online fixed deposit product ‘Express FD’ that allows a customer to open a FD account in 3 minutes through the digital mode without opening a savings account with the bank. The new product offers a host of features like attractive interest rates, zero issuance fees and no penalty on ..

End of Regulated Interest Rates Era

Recently, the Reserve Bank of India has completely deregulated the interest rates. The Interest on Savings Banks Account was the last administered pricing imposed by the banking regulator and now the savings bank account interest rates have been deregulated. This will set a stage among the banks to attract more deposits by offering attractive interest ..