Wednesday, Jun 29, 2022
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ED attaches assets of company that mined illegal coal in West Bengal

ED attaches assets of company that mined illegal coal in West Bengal

The ED stated that assets worth Rs 27 crore of a company were allocated coal blocks for mining in West Bengal, and its directors have been attached under the anti-money laundering law.

22 June 2022
Yes Bank Announces Floating Rate FD At Interest Up To 6.5% For All Domestic Customers

Yes Bank Announces Floating Rate FD At Interest Up To 6.5% For All Domestic Customers

The floating rate fixed deposit is linked to the repo rate as announced by the Reserve Bank of India, thus allowing depositors to earn more from their fixed...

21 June 2022

IDBI Bank Raises Interest Rates On Retail Term Deposits By Up To 25 Basis Points

The revised rates would be applicable across various tenors for domestic term deposits, non-resident ordinary (NRO) and non-resident external (NRE) term...

Sebi Narrows Scope Of Investment Advisors With New Rules, Nixes Commission On FD Advice 

Sebi Narrows Scope Of Investment Advisors With New Rules, Nixes Commission On FD Advice 

Sebi has come out with an amended investment advisors (IA) guideline. Tells registered IA in letter that they cannot earn commission for providing advisory...

03 June 2022

RBI Repo Rate: After Hike In Lending Rates, Banks Start Hiking Deposit Rates on FDs, SBs

Banks have now started hiking deposit rates both for retail as well as HNI and institutional customers both on savings as well as fixed deposits. Read here to...

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05 May 2022
Kotak Mahindra Bank Raises Savings Rate On Fixed Deposits By Up To 0.35%

Kotak Mahindra Bank Raises Savings Rate On Fixed Deposits By Up To 0.35%

The increase in FD (Fixed Deposit) rates comes after the Reserve Bank of India announced a 40 basis points hike in the repo rate, Kotak said in a release.


26 April 2022
Airtel Payments Bank Parnters with IndusInd Bank To Offer Fixed Deposit Facility

Airtel Payments Bank Parnters with IndusInd Bank To Offer Fixed Deposit Facility

With the launch of the fixed deposits (FD) facility, Airtel Payments Bank has further strengthened its digital banking portfolio, IndusInd Bank said in a...


26 April 2022
Three Ways To Save Rs 70-80 Lakh For Your Child’s Higher Education

Three Ways To Save Rs 70-80 Lakh For Your Child’s Higher Education

With increasing inflation and the pandemic, it could be a challenge for many people to save up enough money for their child’s higher education. Careful...


24 March 2022
Four Small Savings Schemes To Add To Your 80C Tax Deduction Basket

Four Small Savings Schemes To Add To Your 80C Tax Deduction Basket

When you are planning your tax or investment, it is important to take note of tax saving schemes, too. You could save both on your taxes, while also earn good...


21 March 2022
Pros And Cons Of Tax-Saving FDs

Pros And Cons Of Tax-Saving FDs

People bet on tax-saving FDs all the time because it’s simple and convenient, and not linked to the market. But it would be wise for you to invest in it,...


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16 March 2022
Sukanya Samriddhi Yojana Pips PPF At 7.6% Annual Return

Sukanya Samriddhi Yojana Pips PPF At 7.6% Annual Return

SSY offers best return of 7.6% among sovereign-guaranteed investment schemes


10 March 2022
Bank Credit Grows By 7.9%; Deposits Up By 8.6%

Bank Credit Grows By 7.9%; Deposits Up By 8.6%

In the previous week ended February 11, 2022, bank credit grew by 7.86 per cent and deposits by 9.11 per cent


08 March 2022
Stocks, Savings, More: How Millennial Women Invest Their Money

Stocks, Savings, More: How Millennial Women Invest Their Money

Several women from tier 2 and tier 3 cities learned the ropes of stocks and mutual fund investments during the lockdown


07 March 2022
International Women’s Day: 3 Ways Women Can Build A Financial Safety Net

International Women’s Day: 3 Ways Women Can Build A Financial Safety Net

It is important for women to build a healthy financial safety net for themselves and their families.


03 March 2022
International Women's Day: More Women Investing But Fixed Returns Products Remain First Choice, Finds Survey

International Women's Day: More Women Investing But Fixed Returns Products Remain First Choice, Finds Survey

A ScripBox study on investing trends among women finds that one in five women started investing during the pandemic, and planning for retirement and emergency...


01 March 2022
Canara Bank Hikes Fixed Deposit Rates By Up To 25 Basis Points

Canara Bank Hikes Fixed Deposit Rates By Up To 25 Basis Points

The revised rates are effective from March 1, 2022, Canara Bank said in a statement


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23 February 2022
After SBI, HDFC Bank, Other Banks Increase FD Rates: 5 Things Investors Should Keep In Mind

After SBI, HDFC Bank, Other Banks Increase FD Rates: 5 Things Investors Should Keep In Mind

SBI, HDFC Bank, IDBI Bank and IndusInd Bank are a few banks that have increased FD rates. Here are a few things to keep in mind before investing in FDs.


15 February 2022
FD Rates Remain Low: Alternatives Senior Citizens Can Consider

FD Rates Remain Low: Alternatives Senior Citizens Can Consider

Interest rates on fixed deposits and savings schemes will continue to be low for some time as RBI has kept policy rates unchanged. Here are some alternatives...


14 February 2022
Debt Funds And Interest Rate Strategies To Adopt Post-Budget

Debt Funds And Interest Rate Strategies To Adopt Post-Budget

Fixed deposits are a no-go. So, use smart strategies in debt funds to make the best use of the interest rate cycle


17 January 2022
Banks Propose For Lowering Of Tax-Free FD Tenure To 3 Years

Banks Propose For Lowering Of Tax-Free FD Tenure To 3 Years

Currently, the tax break is available on 5-year tax-saving FD schemes. One can claim an income tax deduction by investing money in a five-year FD scheme under...


21 December 2021
All You Need to Know About SBI's New Interest Rates On Fixed Deposits

All You Need to Know About SBI's New Interest Rates On Fixed Deposits

SBI increases interest rates on fixed deposits of more than Rs 2 crore by 10 basis points; higher rates for senior citizens; new rates will be effective from...


14 December 2021
All You Need To Know On How One Can Make The Best Use Of Fixed Deposits

All You Need To Know On How One Can Make The Best Use Of Fixed Deposits

Rs 5 lakh protection adds to the safety that fixed deposits (FDs) offer but avoid making a decision based solely on higher interest rates that some banks offer...


03 December 2021
Planning To Invest In Fixed Deposits? Here Is What You Need To Know

Planning To Invest In Fixed Deposits? Here Is What You Need To Know

While FD rates are going up, you should know a few things before deciding to invest in them, so that you can get maximum returns on them. The real returns on...


24 November 2021
How Interest Income From Fixed Deposits And Savings Accounts Is Taxed

How Interest Income From Fixed Deposits And Savings Accounts Is Taxed

While individual taxpayers who are not senior citizens get a tax benefit up to Rs 10,000 under Section 80TTA of the Income-tax Act on interest income from...


22 October 2021
Should You Invest In Corporate Fixed Deposits?

Should You Invest In Corporate Fixed Deposits?

Corporate FDs are offering higher returns than bank FDs, but they are also riskier.


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