The one-year MCLR -- the benchmark for most consumer loans -- has been reduced by 0.05 per cent to 7.35 per cent from 7.40 per cent currently, Canara Bank said in a regulatory filing

PNB expects the credit growth to pick up marginally in the second half of the year. However, it would be less than 5 per cent for the entire fiscal

FD interest rates vary from bank to bank depending on their tenure, amount, and type of depositor. Thus, it is always advisable to compare them before investing

According to the latest revision, ICICI Bank tax-saver FD (max up to Rs 1.50 lakh) will now fetch 6.60% interest to general citizens and 7.10% interest to senior citizens

New FD rates vary from 3.50 per cent to 7 per cent on deposits for general customers, depending upon investment and period of deposit

The rates start at 4 per cent to up to 7.50 per cent for senior citizens for deposits up to Rs 2 crore.

SBI FD Interest Rates: Notably, the interest rates for SBI bulk deposits have been bought at par with the retail deposits after the recent revision in interest rates

Punjab National Bank FD rates revised: PNB has increased the interest rates on certain maturities including for a period of 3-5 years.

According to PNB's official website, the bank has lowered the interest rate on maturities with tenure of 7-14 days and 15 to 29 days.

The interest rate hike comes into effect a week ahead of the bi-monthly meeting of RBI's monetary policy committee scheduled for December 5.

In the past one month, several banks have hiked up interest rates for fixed deposits of less than Rs 1 crore, making them an attractive savings option.

The country's largest lender, the State Bank of India (SBI), yesterday hiked interest rates on fixed deposits of various tenures.

The State Bank of India has hiked interest rates on fixed deposits of various tenures with effect from today.

 We tell you where these investments are headed in the next Samvat and what are the possible avenues that you can look at for growing your money.

For 1-2 years tenure, the interest rate has been reduced by 0.15 per cent, while 2-5 years, it has been reduced by 0.25 per cent to 8 per cent.

State-owned Punjab National Bank on Friday raised interest rates on fixed deposits of select maturities by up to 1.25 per cent.

Fixed deposits between 270 days and 1 year will earn 1 per cent higher interest. The new rate would be 9 per cent against existing rate of 8 per cent, it said.

Leading public sector banks have pared down retail lending rates on home and auto loans in a move aimed at boosting demand and spur growth.

As rupee plummeted to all-time low at close on Wednesday, two leading lenders ICICI Bank and IOB hiked interest rates by up to 1.75 per cent on foreign currency fixed deposits to attract dollar funds from NRIs.

The bank, however, has ruled out cut in benchmark lending rate saying the bank is offering one of the lowest rates in the industry.