The FinTech Hub
Source: Live Mint Fixed Deposits (FDs) are one of the most preferred investment options in India due to their simplicity, guaranteed returns, and low risk. However, FDs are offered by both banks and corporates, and understanding the differences between the two is crucial for making an informed decision. Introduction Fixed deposits are time-bound financial instruments…
Source: Live Mint Investing in stocks is often described as simple but not easy. Yet, for much of the past twelve months, making money in the market seemed to be just that—simple and easy. It felt almost effortless. Any approach, from thoughtful strategies to pure intuition, seemed to yield handsome returns. The more you invested,…
Source: Live Mint India FD interest rates comparison: Public and private banks in India offer a varied range of fixed deposit (FD) interest rates, and it is thus recommended that you compare most options available before making an investment. At present, most banks offer a higher interest rate for term deposits with longer tenures, compared…
Source: Business Standard Reserve Bank of India | (Photo: Shutterstock) 3 min read Last Updated : Oct 03 2024 | 10:58 PM IST Interest rates are expected to decline soon after remaining elevated for an extended period. After the US Federal Reserve’s recent 50-basis-point (bps) cut, other central banks, including the Reserve Bank of…
Source: Live Mint I will be retiring in the next five years and have been researching how much of a retirement corpus is sufficient for me and my spouse, considering our current monthly expenses are ₹1 lakh. I’ve come across posts on social media suggesting a corpus of ₹2 crore is enough, where I can…
Source: Live Mint My father had a few bank-fixed deposits and passed away in July 2024. He did not write any will. I am the nominee for all the fixed deposits he holds. Since my father had no tax liability, he used to give Form 15H, so no TDS has been deducted in the past….
