If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also ...

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Typically, most banks offer annual interest in the range of 6.6-6.7 percent on their fixed deposits after the latest repo rate cut on April 9. At the same time, small savings schemes have given a ...

Bank deposits, until quite recently, fell strictly into two classes, depending on the preference of the depositor and the terms offered by banks: time deposits, and demand deposits. Although the ...

The last time deposit growth dipped this low was in February 2023, when it stood at 6.86 percent. Sheikh Mohammad Maruf, managing director of Dhaka Bank, attributed the slowdown to inflation.

Among the available options, Post Office Fixed Deposits (FDs)—also known as Post Office Time Deposits (POTDs)—are often considered a dependable choice. They offer government-backed assurance ...

A certificate of deposit (CD) is a type of savings account that "pays a fixed interest rate on money held for an agreed-upon ...

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