The RBI has revised the regulatory framework for deposit interest rates, requiring banks to disclose rates in advance and maintain uniform rates across branches. Effective October 1, the new norms aim to enhance transparency while retaining flexibility in pricing bulk deposits
FD laddering is a smart investment strategy that involves splitting a lump sum into multiple Fixed Deposits with different maturity dates, instead of investing the entire amount in a single tenure.
As banks and NBFCs compete to attract depositors, interest rates vary widely. Comparing options helps you grow your money faster and ensures peace of mind. Financial platforms like Bajaj Markets simplify this process by allowing you to compare, invest, and manage FDs online.
