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Corporate FDs vs Bank FDs: Which one should you opt for? Let’s compare | Business

13Apr

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Business

Corporate FDs vs Bank FDs: Which one should you opt for? Let’s compare | Business

Senior Citizen Bank Fixed Deposit RatesBank NameInterest Rates (p.a.)Additional rates offered to Super Senior Citizen* (over and above to senior citizen rates)Highest slab1-year tenure (%)3-year tenure (%)5-year tenure (%)%TenurePRIVATE SECTOR BANKSAxis Bank7.8517 months to less than 18 months7.207.607.75---Bandhan Bank8.35500 days7.757.756.60---City Union Bank7.50400 days7.006.756.50---CSB Bank7.75401 days5.506.256.25---DBS Bank8.00376 days to 540 days7.507.007.00---DCB Bank8.6025 months to 26 months7.658.107.90---Federal Bank8.00500 days7.307.507.25---HDFC Bank7.755 years 1 day to 10 years & 18 months to less than 21 months7.107.507.50---ICICI Bank7.7515 months to 2 years7.207.507.50---IDFC First Bank8.50500 days7.007.757.50---IndusInd Bank8.251 year to 2 years8.257.757.75---Jammu &...

Greece’s Great Economic Comeback – WSJ

Talk about an economic comeback story. Less than a decade ago, Greece looked like it might never recover from its economic and political traumas. On Friday it won back an investment-grade credit rating from Standard & Poor’s.The upgrade on Greek debt achieves a goal set by Prime Minister Kyriakos Mitsotakis, although it also sells short the scale of the transformation Mr. Mitsotakis has brought about in Athens. S&P Global cited “significant budgetary consolidation” and the summer’s electoral “mandate for policy continuity” to explain its decision—which, as so often with credit ratings, arrives behind the curve and for the wrong reasons.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Biden Team Throws a Fit Trying to Spin Fitch Downgrading US Credit Rating – RedState

I feel like I’ve said this a lot lately, but Joe Biden has a lot of gall. I think there’s no question about it. He’s done such a horrible job on the economy, driving us into record inflation spurred on by reckless spending. But then he tries to take “credit” for all kinds of things he had nothing to do with or that aren’t true. He tries to label his failures a success, even calling the mess he’s put forth “Bidenomics” (as though that were something of which to be proud). But there’s only so much you can spin, and there’s no getting away from the facts. Now, some of those facts may just have caught up to Joe Biden. Fitch Ratings has downgraded the country’s credit rating one level from “AAA” to “AA+” because of the growing debt and battles over the debt limit. NBC Nightly News was the o...