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[ad_1] Last Updated: February 07, 2023, 07:45 IST One in 10 invested in an FD for safety from market volatility. Kuvera’s survey found that over one in five respondents turned to FD to park emergency funds while beating inflation. Safety from market volatility is one of the key reasons for investors to book a fixed deposit (FD), according to a recent survey by investing platform Kuvera. Almost half of the respondents (over 44%) said they invested in an FD when they needed money within three years with total safety. Another 23% said they invested in an FD to park emergency funds to beat inflation. Kuvera, an online investment and financial planning platform, said that it surveyed around 1.6 million of its investors to understand the reasons behind the popularity of FDs among Indians. Also Read: Bank FD: ICICI Bank vs PNB vs HDFC Bank; Check Comparison of Latest Interest Rates “FDs are quite popular among Indians and we set out to understand why it was so. Unsurprisingly, the simpli...

[ad_1] New Delhi:  The interest rates on Bank of Baroda's fixed deposits (FDs) up to Rs 2 crore have increased. After the adjustment, the general public's FD interest rate may increase to 7.25 percent. Seniors who deposit money with the Bank of Baroda might earn up to 7.75 percent on their fixed deposits. The new rates are coming into effect today, May 12, 2023. Bank of Baroda's Latest Fixed Deposits (FDs) Rates For General Investors For deposits maturing in the next 7 to 45 days, the Bank of Baroda is offering a 3 percent interest rate. A 4.5 percent interest rate will be paid on FDs that mature in 46 to 180 days. FDs maturing between 181 and 210 days will receive a 4.5 percent interest rate from the Bank of Baroda. ( Also Read: Meet Linda Yaccarino, The Woman Rumoured To Be New Twitter CEO --In Pics ) Fixed deposits with maturities of 211 days or fewer will receive interest at a rate of 5.75 percent. On Fixe Deposits with maturities between one and two yea...