PNB cuts FD rate by up to 0.50%

Last Updated: Wednesday, August 5, 2015, 23:11

State-owned Punjab National Bank Wednesday reduced interest rate on fixed deposits on select maturities by up to 0.50 percent.

Indian Bank cuts lending rate by 0.3%, UBI slashes FD rate

Last Updated: Thursday, June 4, 2015, 21:29

State-owned Indian Bank Thursday slashed base rate or the minimum lending rate by 0.3 percent while United Bank of India (UBI) has reduced fixed deposit rates by up to 0.25 percent on select maturities.

PNB, Axis Bank cut fixed deposit rate by 0.25%

Last Updated: Wednesday, June 3, 2015, 22:08

Two leading banks Punjab National Bank (PNB) and Axis Bank Wednesday slashed interest rate on fixed deposits by 0.25 percent on select maturities, a move which could be seen as precursor to a cut in lending rates.

PNB cuts fixed deposit rate by 0.25% on select maturities

Last Updated: Wednesday, June 3, 2015, 14:49

The reduction will be effective from June 8, PNB said in a statement.

SBI extends overdraft facility against FD for online customers

Last Updated: Tuesday, May 19, 2015, 21:40

Country's largest lender State Bank of India Tuesday said it has extended overdraft facility against fixed deposit for its internet banking users.

PNB cuts fixed deposit rates by 0.25%

Last Updated: Thursday, April 16, 2015, 22:18

State-owned Punjab National Bank Thursday reduced interest rate on fixed deposit by 0.25 percent on select maturities, a moves which is seen as precursor to cut in the lending rate.

ICICI, HDFC Bank cut bulk deposit rates by up to 0.25%

Last Updated: Monday, March 30, 2015, 18:58

Fixed deposit rate of maturity between 121-150 days has been revised downward to 8 per cent from 8.25 per cent earlier.

NSE empanels HDFC Bank to accept FDRs in electronic form

Last Updated: Tuesday, February 24, 2015, 15:00

Leading bourse National Stock Exchange (NSE) has empanelled HDFC Bank for submitting Fixed Deposit Receipts (FDRs) issued as collateral to trading members in electronic form.

NSE arm introduces acceptance of FDRs in electronic form

Last Updated: Thursday, December 4, 2014, 20:02

Leading bourse National Stock Exchange's clearing corporation arm has introduced a facility for banks to submit Fixed Deposit Receipt (FDR) issued as collateral in electronic form.

Punjab National, Canara Bank raise FD rates by up to 0.5%

Last Updated: Friday, November 8, 2013, 21:07

The increase in fixed deposit rates may lead to a hike in lending rates sooner or later.

SBI raises lending rates by 0.20%, Axis Bank revises FD rates

Last Updated: Wednesday, November 6, 2013, 20:04

Days after RBI hiked policy rate, country's largest lender State Bank of India (SBI) on Wednesday raised its lending rate by 0.20 percent to 10 percent, a move that is likely to be followed by other banks.

SBI raises fixed deposit rate by 0.2% on select maturity

Last Updated: Thursday, October 31, 2013, 14:26

Days after RBI hiked short-term lending (repo) rate by 0.25 percent, State Bank of India (SBI) on Thursday raised fixed deposit rate by 0.2 percent on select maturity.