RBI issues directions for digital payment transaction authentication mechanism State Bank of India (SBI) highest FD interest ratesSBI offers FD interest rates between 3.05% and 6.60% (including Amrit Vrishti) to general citizens and 3.55% and 7.10% (including Amrit Vrishti) to senior citizens. For general citizens, the bank’s HDFC Bank offers FD interest rates between 2.75% and 6.60% to general citizens and 3.25% and 7.10% to senior citizens. The highest FD interest rates of 6.6% (to general citizens) and ...

As of March 31, 2025, PM Modi declared assets totaling ₹3.43 crore, with the majority — ₹3.26 crore — held in a fixed deposit with the State Bank of India (SBI). The remainder includes ₹9.74 lakh in National Savings Certificates and post office deposits, ₹3.1 lakh in gold rings, and no investments in equities, mutual funds, bonds, or real estate.What did the CA say?Why did he make the comparison?"PM’s choice shows a mindset: security over growth. But if India’s citizens follow this blindly, wealth stagnate ...

Before opening a fixed deposit (FD) account with a bank, it is important to compare the interest rates of different banks. One could argue that most banks offer almost similar interest rates, but even a small difference of, say, 50 basis points can lead to a significant change in the total earnings.For instance, a difference of 50 basis points on a fixed deposit of 10 lakh for three years can lead to an extra income of ₹15,000. Now, imagine if the amount of deposit is ₹20 lakh, the extra income earned could ...