The Reserve Bank of India's revised bulk fixed deposit rules take effect from 1 October 2026, requiring banks to publish applicable bulk deposit rates on their websites by 10 am every working…
Raksha Bandhan gifts need not be clothes or cash: a financial investment can support a sister's long-term needs. The right choice depends on her age and goals. For sisters aged 10-15, equity…
A person starting SIP investments at age 25 needs to invest about Rs 8,000 per month to build a Rs 5 crore corpus by retirement at 60, according to calculations using the…
Rediff reports that bank employees are systematically defrauding non-resident Indians (NRIs) and elderly depositors by creating fictitious loans against their fixed deposits using forged documents. The fraud operates through a cross-bank syndicate…
RBI has held the repo rate steady at 5.25%, reducing the chance of near-term changes in fixed deposit rates as per bazaar.businesstoday.in. Punjab & Sind Bank offers general customers up to 6.85%…
Shivalik Small Finance Bank offers senior citizens 8.50% on fixed deposits of 23 months one day to 27 months, the highest rate in August 2026. Other small finance banks such as Jana,…
The Reserve Bank of India has released draft rules for a common framework on interest rates for all bank and NBFC loans. The new guidelines, proposed to take effect from April 1,…
PPFAS Asset Management CIO Rajeev Thakkar has told unitholders that investors seeking fixed-deposit-like certainty from equity investments should reconsider their expectations. "The only way to guarantee a bank FD return is to…
Interest from fixed deposits and Kisan Vikas Patra will remain taxable under the Income Tax Act, 2025, which applies from 1 April 2026, Livemint reports. Both are taxed under “Income from Other…
Banks’ auto-sweep service can move money above a set balance in a savings or current account into a fixed deposit, Business Today Bazaar reports. The account holder continues to keep the chosen…
