Utkarsh Small Finance Bank

Bank FDs offer senior citizens a secure investment option for managing expenses like medical and living costs. Here is a comparison of fixed deposits from various public, private and small finance lenders…

While all banks have their own fixed deposits, small finance banks often offer significantly better FD interest rates to their customers. Here are the best FD interest rates of 5 most popular small finance banks in India.

Stocks to buy: Vaishali Parekh recommended buying these three stocks: Utkarsh Small Finance Bank, Swan Energy and Tata Technologies.

Here’s a quick look at stocks likely to be in focus in today's trade.

Attractive FD rates: With the RBI lowering the repo rate to 6.25%, Fixed Deposit rates may soon decrease. Senior citizens can find favourable rates, up to 9.50%, at small finance banks. It's crucial to compare rates and bank reliability before investing

The key difference between the old and the revised rules is around the approval processes for the settlement of loans.

Ten of India's 11 small finance banks don't meet all the RBI's criteria. AU Small Finance Bank, the only one that does, is in the midst of a merger that could take 9-12 months to complete.

IREDA and Motisons Jewellers are among the top performers in recent listings, with their stocks trading 490% and 240% higher than their respective IPO prices. Signature Global, Cyient DLM, Netweb Technologies, EMS, and Utkarsh Small Finance Bank are also standout performers.