Guntur Local Guide | Food, Shopping & City Life

Fixed Deposit (FD) Interest Rates: Most banks offer fixed deposits starting from seven days up to a tenor of 10 years. Bank fixed deposits or FDs are fixed-income instruments which guarantee a fixed rate of return on investments. Leading lenders like State Bank of India (SBI), HDFC Bank, ICICI Bank, and Kotak Mahindra Bank offer the facility of opening a fixed deposit. Some fixed deposits come with a premature withdrawal facility while some require a compulsory lock-in period. The interest rates on fixed deposits (FDs), which are revised from time to time, vary according to the tenor of a fixed deposit. Most banks offer fixed deposits starting from seven days up to a tenor of 10 years. Given below are the latest fixed deposit interest rates offered by SBI, HDFC Bank, ICICI Bank and Kotak Mahindra Bank: State Bank of India(SBI) The following FD interest rates are applicable on deposits below Rs. 1 crore, according to the bank's website - sbi.co.in: Investment In Five-Ye...

DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden. Centre will likely announce direct benefit transfer (DBT) worth Rs 4,000 per acre per season plus interest-free crop loan up to Rs 1 lakh per farmer in an instant two-fold relief to the farmers, sources in the know told BusinessToday.In. The initiatives will cost the Centre Rs 2 lakh crore towards DBT and another Rs 28,000-30,000 crore towards interest subvention, adding up to nearly Rs 2.3 lakh crore on an annual basis. At least the Rs 70,000 fertiliser subsidy scheme will be subsumed into the scheme to make it possible. Some other smaller schemes may also get subsumed. Having lost three crucial state elections to arch rival Congress in December, the ruling BJP-NDA is in hyper-active mode to appease the most aggrieved community -- farmers. It believes its scheme's impact must be felt by the intended beneficiaries well before the 2019 General Elections to deliver the politica...